Robinhood To Face US Market Manipulation Claims Over “Meme Stock” Rally : Reuters Report

Robinhood To Face US Market Manipulation Claims Over “Meme Stock” Rally : Reuters Report


Ethereum World News
2022-08-11 18:24:13

TL;DR According to a U.S judge, the stock trading platform Robinhood Markets Inc should face market manipulation claims. This lawsuit was one of many brought against the platform after it temporarily barred customers from purchasing stocks back in Jan 2021, such as GameStop and AMC. Robinhood prices surged in May after the CEO of FTX SBF announced that he had purchased stake in the company. Robinhood Judge Rules That Robinhood Should Face Market Manipulation Claims According to Reuters, a U.S […]