finance
Arthur Hayes Sells Maelstrom's Worldcoin and Zcash Stakes After Sharp Drop in SpaceX Pre-Listing Shares
The BitMEX co-founder sold the entire position on June 6, 2026, one day after stating Maelstrom would retain the token. Worldcoin fell 10 percent in the following 24 hours.
Jun 6, 4:25 AM·1m read1 source
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Arthur Hayes sold Maelstrom's entire Worldcoin stake on June 6, 2026, less than 24 hours after stating the family office would continue to hold the token. CoinDesk reported the sale followed a sharp decline in pre-listing prices for SpaceX shares. Hayes posted on June 6: "Dumped $WLD.
I'm out. See y'all at the clerb," attaching a chart of SpaceX stock. " Worldcoin dropped 10 percent in the 24 hours through June 6, with a notable portion of the decline occurring after the announcement.
The token had risen 70 percent over the prior month; that gain narrowed to 45 percent over the past week after the drop. Hayes also sold Maelstrom's full Zcash position on June 5, citing a flaw in the Orchard privacy pool. He had said the firm would repurchase Zcash at a higher price if the assessment proved incorrect.
SpaceX trades under the ticker SPCX on Nasdaq beginning June 12. The price movement Hayes referenced came from private-market pre-listing quotes on Hyperliquid, which fell more than 50 percent in recent days. Worldcoin functions as a liquid proxy for SpaceX exposure tied to artificial-intelligence themes.
Hayes is co-founder of BitMEX and chief investment officer of Maelstrom. Worldcoin is the digital token linked to Sam Altman's eye-scanning identity project.
