Thursday, July 1, 2021

Robinhood Fined $70 Million for Harming 'Millions' via Misleading Info, Outages

Robinhood was fined $70 million (roughly Rs. 520 crores) for "systemic" failures, including systems outages, providing "false or misleading" information, and weak options trading controls, saying those factors combined harmed millions of the app's customers.

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