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Robinhood Says SEC Is Probing Its Crypto Business

Law 360

Robinhood Markets Inc. and other crypto companies. revealed in a U.S. Securities and Exchange Commission filing Monday that the agency is taking a closer look at its cryptocurrency business following the spectacular collapse of FTX Trading Ltd.

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Robinhood Beats Investor Suit Over $2.1B IPO, For Now

Law 360

A federal district court on Friday threw out a proposed class action accusing app-based trading platform Robinhood Markets Inc. of misleading investors ahead of its initial public offering, saying there isn't sufficient proof that the company hid information about its shrinking user base.

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