But members of the online meme-stock community are already loving it. “Welcome to the new Berkshire Hathaway!”
Retail traders on Reddit idolized Cohen, and thought he'd take Bed Bath & Beyond to the moon. Instead, he cashed in.
'We Should Stay Far Far Away From This': Robinhood Said of GameStop After Elon Musk Tweeted 'Stonks'
A Congressional report criticizes Robinhood for "troubling business practices, inadequate risk management, and a culture that prioritized rapid growth."
The company's shares jumped 61 percent when markets opened on Monday.
Ken Griffin, who beat out ConstitutionDAO on a bid for the U.S. Constitution, is now interested in crypto markets.
One anonymous finance professional has been tracking the worrying number of get-rich-quick schemes on the platform. "It's getting really bad," he says.
The 27-year-old single father alleged he lost significant amounts of money because of the platform’s decision to restrict trading last January.
The mysterious buyer who defeated ConstitutionDAO is none other than Kenneth Griffin, founder and CEO of Citadel.
“This is my full time job. I depend on it. I was flabbergasted when they made this change because I love what I do."
Trump. YOLO. SPAC. GameStop. Non-Cancellable Global Community. Hell.
The agency's report dismissed many of the key theories and narratives surrounding how and why GameStop's stock rallied.
Internal Robinhood messages reveal Robinhood executives scrambled to talk to Citadel CEO Ken Griffin, breathing life again into theories that the two firms colluded to suppress Gamestop's stock price.