- Robinhood (NASDAQ:HOOD) acknowledged the SEC needs to know more about its crypto products and companies, in conjunction with listings, crypto custody, and platform operations.
- Robinhood acknowledged it may per chance maybe per chance favor to delist some cryptocurrencies if they’re deemed unregistered securities by the SEC.
- Robinhood on the 2d supplies 18 cryptocurrencies.
Robinhood, a securities brokerage company that also supplies cryptocurrency products and companies, has printed that it’s been stricken by the fall down of FTX gradual last year.
The corporate disclosed in a 10-Okay filing that it got a subpoena from the U.S. Securities and Alternate Charge (SEC) last December touching on to its “cryptocurrency listings, custody of cryptocurrencies and platform operations.â€
A subpoena is a proper written repeat to testify sooner than a court docket or provide paperwork for the duration of an active investigation. Robinhood acknowledged it has also got a subpoena from the California Lawyer General’s...