James Wynn, a notorious trader who became a cryptocurrency hero thanks to billion-dollar leveraged trades on Hyperliquid, has once again become the center of attention. This time, not for a big deal but for an obsessive confession and sharp criticism of the platform that propelled his fame.

James Wynn is obsessed with his profession.

Wynn revealed that he has been struggling with insomnia, panic attacks, and psychological pressure since stepping away from high-risk trading that made him a prominent figure in the cryptocurrency world.

Still reeling from the $100 million loss, Wynn said he tries to quell the chatter, but the temptation to return is still there.

Behind the scenes, Wynn's fallout with Hyperliquid has added a new twist to his story. Although becoming the unofficial face of the perpetual decentralized exchange, Wynn claims he has never been paid more than $34,000 in referral fees.

"I earned $34,000 through referrals on their platform. This figure is extremely poor considering the number of sign-ups and the volume I generate. Their referral program is terrible. Other platforms are much better. In my opinion, when CZ launches dark pool perps DEX, it will put an end to Hyperliquid," Wynn said in a post.

BeInCrypto recently reported that Changpeng Zhao (CZ) has proposed a dark pool-style DEX for perpetual futures. According to CZ, this will help combat front-running and enhance the privacy of trading.

Wynn alleged that he reached out to Hyperliquid twice to discuss a potential partnership, given the visibility and trading volume he brings to the platform. However, the team declined, citing their decentralized model and refusing to provide trading to individuals.

This has sparked speculation from critics like Gumshoe, who suggest that the Binance exchange is currently supporting Wynn.

Gumshoe also hinted that Wynn is playing a longer '4D' chess game involving market stories, the HYPE token listing, and a potential future DEX from Changpeng Zhao.

While Wynn denies being paid by Binance, he seems to support CZ's vision.

"CZ has the money, the network, the team to build something unlike anything else... I hope this encourages Hyperliquid to upgrade," Wynn noted in the post.

Critics of Wynn are also skeptical. DUO Nine analyst speculated that Wynn's past activities could indicate a money laundering scheme. Specifically, he might be exploiting intentional liquidations on Hyperliquid while hedging risk on other exchanges.

There is no evidence to support these claims, but they reflect the mystery surrounding his significant position and the broader implications of it.

Despite the chaos, Wynn asserts he still has peace. In a recent post, he hinted at the possibility of a comeback.

While Wynn is still sitting on the sidelines, this cryptocurrency trader could make a return, but not necessarily on Hyperliquid.