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Kyle Samani stepped down from Multicoin Capital on February 5, 2026, after nearly a decade as co-founder. Today, he is publicly criticizing Hyperliquid (HYPE) as on-chain data shows Multicoin purchased over $40 million in HYPE tokens.
The close timing has fueled speculation that internal conflicts over investment strategy prompted the departure of one of the most notable Solana advocates in the crypto industry.
Multicoin, Hyperliquid, and Kyle Samani: Coincidence or Clash?
Samani’s departure announcement…