Published 3 days ago • loading... • Updated 10 hours ago

SEC 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.

Insights by Ground AI

Does this summary seem wrong?

72 Articles

All

Left

Center

Right

The Hill

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,…

2 days ago·Washington, United States

The SEC will not sue Robinhood over crypto

Robinhood on Monday said that the SEC has closed its investigation into Robinhood's crypto unit and will not pursue action. This follows Coinbase saying

2 days ago·United States

Read Full Article

Engadget

The SEC is dropping an investigation into Robinhood

In another sign that the government will be friendlier toward the cryptocurrency industry during the Trump administration, the SEC said it won't move forward with any enforcement action in a case against Robinhood.

2 days ago·United States

Read Full Article

Coin Desk

US SEC Closes Investigation Into Robinhood's Crypto Business

On Feb 21. the SEC’s Enforcement Division said it had concluded its investigation, Robinhood said in a statement.

3 days ago·Manila, Philippines

Read Full Article

Associated Press News

+3 Reposted by 3 other sources

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

3 days ago·United States

Read Full Article