Jensen Huang’s apology for infidelity triggers market volatility; multiple “victims’” accounts on FOMO platform liquidated

On the morning of November 9, NVIDIA CEO Jensen Huang sent an internal email to all employees, publicly apologizing for his extramarital affair: “I was unfaithful to my wife and accept full responsibility. I have always been fully committed to NVIDIA’s growth—and will work diligently to rebuild your trust in me.” The news quickly drew widespread attention. Elon Musk retweeted a comment by Sequoia Capital partner Shaun Maguire, signaling his agreement. Maguire called Huang “one of the greatest entrepreneurs of our time,” noting that while he had made an “extremely foolish mistake,” he remains an “irreplaceable” figure for maintaining U.S. leadership in AI. Hedge fund titan Bill Ackman responded: “Even extraordinary people make mistakes; he must take full accountability for his actions—and we should support him and his family.” Former President Donald Trump also voiced strong support, calling Huang “a good man” who has made “outstanding contributions” to the United States and deserves to remain CEO.

Amid this unexpected development, NVIDIA tokenized perpetual contract prices briefly dropped over 4%. According to TradingBeats data, multiple accounts labeled “Jensen Huang affair victim” were liquidated in rapid succession on the FOMO platform between early and mid-morning on November 9: several long positions were forcibly closed within the FOMO client, with liquidation amounts ranging from $9,456 to $15,659. Meanwhile, similar large-scale long liquidations occurred simultaneously across Hyperliquid, Phantom, CoinDCX, and Liquid—reaching as high as $35,001.97 in a single instance.