SEC Ends Investigation Into Robinhood Crypto With No Penalties

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,…

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

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.

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.

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

SEC Ends Investigation Into Robinhood

After ceasing enforcement action agaisnt Coinbase, the SEC continues to strengthen ties in crypto, ending its investigation into Robinhood