Robinhood Gets New Legal Threat From SEC as Crypto Crackdown Continues
Robinhood said it received a SEC warning that the trading platform could face an enforcement action related to its US crypto business.
Robinhood said it received a SEC warning that the trading platform could face an enforcement action related to its US crypto business.
Shares of Grayscale Bitcoin Trust jumped 2.4% after the ETF that tracks the price of bitcoin saw its first day of inflow since January.
Goldman Sachs, one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see value in it.
Sam Bankman-Fried, once a prominent figure in the cryptocurrency world, faced the consequences of his actions in a decisive legal ruling.
Sam Bankman-Fried, former CEO of the bankrupt cryptocurrency exchange FTX, presided over a collapse that cost his customers billions of dollars.
Grayscale Inv CEO said the firm will trim the mgmt fee on its flagship spot bitcoin ETF, which had its biggest single-day outflow since Jan launch.
Bitcoin sank to a two-week low before paring losses as demand for dedicated US exchange-traded funds dries up.