US EditionSEC Ends Investigation Into Robinhood Crypto With No Penalties
- The Securities and Exchange Commission has closed its investigation into Robinhood and will not pursue an enforcement action.
- Robinhood was informed in May about the possibility of facing enforcement due to unregistered crypto assets, according to Robinhood's Chief Legal Officer.
- Hester Peirce, an SEC Commissioner, stated that the lack of regulatory clarity harms legitimate crypto projects, allowing 'jokers and thieves' to thrive.
73 Articles
73 Articles
SEC ends investigation into Robinhood's crypto arm
The Securities and Exchange Commission (SEC) has closed its investigation into the cryptocurrency arm of Robinhood without taking action against the online brokerage, the company announced Monday. Robinhood Crypto had received a notice from the SEC last May indicating that the agency was preparing to file an enforcement action. “We applaud the staff’s decision to close this investigation with no action,” Dan Gallagher, Robinhood’s chief legal,…
Associated Press News
Robinhood says SEC has closed its investigation into the company
Lawsuits filed against cryptocurrency platforms during President Joe Biden's administration continue to fall away as the administration of President Donald Trump has projected a much more lenient stance on cryptocurrency
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