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Online brokerage house Robinhood has agreed to reduce the purchase price of the Ziglu venture by 58% due to worsening market conditions. AltFi writes about it, citing documentation for investors. Ziglu is
Investors in GameStop Corp, AMC Entertainment Holdings Inc, and seven other stocks can file a class action lawsuit against online broker Robinhood for market manipulation and price gouging. This was reported by
Robinhood will pay $9.9 million to a group of clients who sued an online broker for persistent implementation errors. Plaintiffs estimated their damages at $20.4 million. Stock trading app Robinhood has agreed
Online broker Robinhood is perfectly positioned as an independent company and does not intend to be acquired by cryptocurrency exchange FTX or competitor Charles Schwab. This was stated by the company’s CEO,
Online broker Robinhood will cut its headcount by around 23% due to the worsening macroeconomic environment and negative developments in the cryptocurrency market. This is stated in a letter from the company’s
The New York State Department of Financial Services (NYDFS) has fined Robinhood’s cryptocurrency division $30 million for violating AML regulations and cybersecurity policies. It is reported by the Wall Street Journal. NYDFS
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, said the company is not in talks to acquire online broker Robinhood. Reuters writes about it. Earlier, Bloomberg said it was investigating the possibility of
Online broker Robinhood has announced the creation of an unsupervised Web3 wallet that will give users full control over cryptocurrencies and direct access to DeFi and NFT segments. The new multi-chain application
Emergent Fidelity Technologies, affiliated with FTX CEO Sam Bankman-Freed, has acquired a 7.6% stake in online broker Robinhood. This is due to the reporting on Form 13D. Robinhood stock prices were up
Online broker Robinhood has added support for cryptocurrency trusts by Grayscale Investments, based on Bitcoin and Ethereum. There are two new ways to access crypto @RobinhoodApp. you can start trading $GBTC and
