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Massachusetts Regulator Probes Robinhood Over Prediction Markets Hub: Reuters

Summary by Coin Desk
Massachusetts’ top securities regulator has reportedly launched a probe into Robinhood over the popular trading platform’s recent decision to launch an in-app prediction markets hub that allows customers to bet on the outcome of events, including March Madness match-ups.According to a Monday report from Reuters, Massachusetts Secretary of State Bill Galvin — a notoriously aggressive regulator — sent Robinhood a subpoena last week seeking informa…

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TokenPost broke the news in on Monday, March 24, 2025.
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