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Robinhood Fined $30M for Violating AML Regulations
/ Policy

Robinhood Fined $30M for Violating AML Regulations

The New York State Department of Financial Services (NYDFS) imposed a $30 million penalty to Robinhood for failing to adhere to cybersecurity and ...

August 02, 2022
US Congressional Report on Meme Stocks Reveals Robinhood’s Culture of Growth Over Stability

US Congressional Report on Meme Stocks Reveals Robinhood’s Culture of Growth Over Stability

Robinhood's unique business model strained the market's capacity to accommodate retail orders, as per US House Committee report.

June 27, 2022
Robinhood’s DeFi Wallet to Offer Free Trades But May Use Controversial PFOF Model

Robinhood’s DeFi Wallet to Offer Free Trades But May Use Controversial PFOF Model

Robinhood aims to roll out a Web3 wallet that comes with "no network fees" by the end of the year.

May 18, 2022
HOOD Hits All-Time Low at $9.40 as Plan for 300+ Layoffs Ends Hyper-Growth Story

HOOD Hits All-Time Low at $9.40 as Plan for 300+ Layoffs Ends Hyper-Growth Story

HOOD plunges to new lows after announcing layoffs and anticipating poor earnings.

April 27, 2022
Robinhood Opens Crypto Wallet for 2M Users: Adoption Focus at Bitcoin Conference 2022

Robinhood Opens Crypto Wallet for 2M Users: Adoption Focus at Bitcoin Conference 2022

On the first day of the Bitcoin Conference, Strike and Robinhood make huge announcements for Bitcoin's mainstream adoption.

April 08, 2022

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