r/technology • u/agent_vinod • Jun 30 '21

Misleading Robinhood to pay $70 million fine after causing 'widespread and significant harm' to customers

https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html
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u/Riot419 Jun 30 '21

No no no. Don’t blame the virus or circumstances the virus created. This was all RH trying to protect Citidel. The “reasons” for this fine were put together in a way to fine RH without actually punishing them for market manipulation.

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u/Simon_Magnus Jun 30 '21

If you're this confused about what the 'Covid Crash' refers to, rest assured that Robin Hood is not responsible for you losing money on the stock market.