'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."
Revolving Door for Pro-Crypto Lobbyists and Politicians Is Emerging, Report Warns
The crypto industry spent $9 million on 157 lobbyists in 2021, but another 163 lobbied on behalf of pro-crypto organizations.
Now Would Be the Time to Stop Taking Financial Advice From TikTok
Risky stock-picking has become fashionable in the bull market. But betting on winners quickly becomes more dangerous when markets start to struggle.
Robinhood Trader Wins $30,000 in ‘First of Its Kind’ Payout Following GameStop Mania
The 27-year-old single father alleged he lost significant amounts of money because of the platform’s decision to restrict trading last January.
Tech Startup Wants To Gamify Suing People Using Crypto Tokens
The new company plans to let everyday Americans bet on civil lawsuits by buying and trading associated crypto tokens in "initial litigation offerings.”
I Lost $400,000, Almost Everything I Had, on a Single Robinhood Bet
A young retail trader explains what it’s like to make the retail trade from hell.
Robinhood Hack Also Included Thousands of Phone Numbers
The exposure of thousands of phone numbers, which Motherboard obtained from a source, has not been previously reported.
Robinhood Hackers Accessed Internal Tool for Removing Account Security Features, Screenshots Show
Robinhood told Motherboard that based on its investigation, the hackers did not make changes to any customer accounts.
Fed: Meme Stocks Might Blow Up U.S. Economy One Day
The Federal Reserve is worried that risk-taking online investors and social media echo chambers could lead to a “potentially destabilizing outcome."
Robinhood Says It Was Hacked and Extorted But Nobody Lost Any Money
The online trading company said a hacker obtained email addresses of 5 million users, and full names of 2 million users.
SEC: GameStop Frenzy ‘Tested the Capacity and Resiliency’ of Stock Market
The agency's report dismissed many of the key theories and narratives surrounding how and why GameStop's stock rallied.
Court Filings Spark New Citadel-Robinhood GameStop Theories
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.