Robinhood (HOOD) crypto division fined $30 million by NY regulator
The fine against Robinhood comes after what were described as 'significant failures' in regards to anti-money laundering and cybersecurity regulations.
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The fine against Robinhood comes after what were described as 'significant failures' in regards to anti-money laundering and cybersecurity regulations.
Rumors of an acquisition from crypto exchange company FTX has led to a rise in Robinhood (HOOD) stock.
Robinhood looks set to go toe to toe with Coinbase as the stock trading app announces a new standalone app for cryptocurrencies and NFTs.
Robinhood is no stranger to getting bailed out by billionaires, and FTX CEO Sam Bankman-Fried is betting on the app to turn things around.
Vlad Tenev's vision of revolutionizing brokerages may be falling flat, as Robinhood reported terrible Q1 2022 results.