Robinhood Crypto Says SEC Has 'Weak' Case in Response to Wells Notice
Robinhood Crypto, the digital assets arm of the popular stock trading app, said Monday that it had received a Wells Notice from the Securities and Exchange…
Stay updated with breaking news from Dan Gallagher. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Robinhood Crypto, the digital assets arm of the popular stock trading app, said Monday that it had received a Wells Notice from the Securities and Exchange…
Robinhood has officially responded to a Wells Notice from the US Securities and Exchange Commission (SEC), which challenges its operations. This notice hints…
Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division. The company said in a regulatory filing that it received investigative subpoenas from the SEC about issues including cryptocurrency listings, custody of cryptocurrencies, and platform operations. Robinhood Crypto has cooperated with the investigation, the company said.
Robinhood said its cryptocurrency business will likely face an SEC enforcement after receiving a Wells Notice from the regulator.
Robinhood Markets,Inc. today announced that RHC has received a Wells Notice from the SEC Staff Earlier today we announced Robinhood Crypto has received a Wells Notice from the...