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Doci 🎩 🔵 🔮 🐹
@doci
Big Victory for Robinhood The company Robinhood announced that the U.S. Securities and Exchange Commission (SEC) has halted its investigations into the company's crypto division without any legal action. This decision was announced following the closure of a similar case involving Coinbase and resulted in a 3% increase in Robinhood's stock. Dan Gallagher, the Chief Legal Officer, welcomed the decision and stressed that the investigation should never have been initiated. The suspension of these cases may indicate a change in the SEC's regulatory approach towards the crypto industry.
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