What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
(Marques Thomas/Unsplash, modified by CoinDesk)
Robinhood
Robinhood to Buy Back Sam Bankman-Fried’s Stake for $605.7M
The 55 million HOOD shares owned by Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies.
Robinhood and Jump Trading No Longer Have Crypto Partnership: Source
The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets.
ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET.
Robinhood’s May Crypto Trading Volume Falls 68% to $2.1B
The trading platform recently delisted three tokens that were classified as securities in the SEC’s lawsuit against Coinbase and Binance.
Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.