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Tag: Robinhood

Robinhood’s cash cow under SEC scrutiny amid IPO filing

July 7, 2021 wp-bot Cointelegraph

Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review.

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Robinhood IPO Filing Reveals $88 Billion in Cryptocurrency Trading, Dogecoin 34% of Crypto Revenue

July 2, 2021 wp-bot Bitcoin News

Robinhood’s IPO prospectus shows that 9.5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the company held approximately $12 billion

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Facing $70M in fines from regulators, Robinhood files for IPO

July 1, 2021 wp-bot Cointelegraph

The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the

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Robinhood Fined $70M For Causing “Significant Harm” To Customers

July 1, 2021 wp-bot News BTC

Robinhood has been fined by FINRA and the finance company will have to pay roughly $70 million in penalties. The company was fined for causing

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FINRA orders Robinhood to pay $70M due in part to ‘significant harm’ platform caused users

June 30, 2021 wp-bot Cointelegraph

Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account.

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SEC Delays Robinhood IPO Over Questions Concerning the Company’s Crypto Business: Report

June 26, 2021 wp-bot Bitcoin News, Coinbase

Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities

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