π° DFS Fines Robinhood for $30 Million
π The crypto division of Robinhood, a financial services giant, received a $30 million fine from the New York Department of Financial Services (DFS). Robinhood was fined due to failing to comply with crypto regulations in multiple violations.
According to a statement made by the DFS, cryptocurrency companies are not exempt from having to comply withβ¦
π·οΈ #Crypto_Law #DFS #Robinhood
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π The crypto division of Robinhood, a financial services giant, received a $30 million fine from the New York Department of Financial Services (DFS). Robinhood was fined due to failing to comply with crypto regulations in multiple violations.
According to a statement made by the DFS, cryptocurrency companies are not exempt from having to comply withβ¦
π·οΈ #Crypto_Law #DFS #Robinhood
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π° Robinhood Launches Its Web3 Wallet Beta Phase
π Robinhood has unveiled the beta version of its upcoming Web3 wallet, focused on streamlining crypto trading. Thus, 10,000 lucky customers who have applied for the crypto and stock trading platformβs waiting list will be testing the wallet prior to its full launch.
Robinhoodβs beta Web3 wallet is available exclusively on Appleβs devices. The app allowsβ¦
π·οΈ #crypto_wallet #Robinhood #web3
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π Robinhood has unveiled the beta version of its upcoming Web3 wallet, focused on streamlining crypto trading. Thus, 10,000 lucky customers who have applied for the crypto and stock trading platformβs waiting list will be testing the wallet prior to its full launch.
Robinhoodβs beta Web3 wallet is available exclusively on Appleβs devices. The app allowsβ¦
π·οΈ #crypto_wallet #Robinhood #web3
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π° BlockFi sues SBF over Robinhood shares
π Now bankrupt crypto lender BlockFi filed a suit over Robinhood stocks bought by former FTX CEO Sam Bankman-Fried, citing it was pledged as collateral earlier in November.
The suit was filed on the same day in the same court in New Jersey on Nov. 28, when crypto lender BlockFi filed for Chapter 11 bankruptcy. Allegedly,β¦
π·οΈ #blockfi #FTX #Robinhood
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π Now bankrupt crypto lender BlockFi filed a suit over Robinhood stocks bought by former FTX CEO Sam Bankman-Fried, citing it was pledged as collateral earlier in November.
The suit was filed on the same day in the same court in New Jersey on Nov. 28, when crypto lender BlockFi filed for Chapter 11 bankruptcy. Allegedly,β¦
π·οΈ #blockfi #FTX #Robinhood
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π° Robinhood shares may move to neutral broker
π BlockFi is suing Sam Bankman-Fried for $430 million worth of Robinhood shares that were allegedly not repaid as collateral for a loan to Alameda Research. FTX (co-founded by Bankman-Fried) wants the shares to stay with Emergent Fidelity until the bankruptcy proceedings are completed, but BlockFi wants a judge to transfer the shares to a neutral broker.
The case is set to go to court on Jan. 9. Will the judge rule in favor of BlockFi or FTX? Only time (and a Jan. 9 court date) will tell. ππ€
π·οΈ #Alameda #bankruptcy #blockfi #FTX #Robinhood
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π BlockFi is suing Sam Bankman-Fried for $430 million worth of Robinhood shares that were allegedly not repaid as collateral for a loan to Alameda Research. FTX (co-founded by Bankman-Fried) wants the shares to stay with Emergent Fidelity until the bankruptcy proceedings are completed, but BlockFi wants a judge to transfer the shares to a neutral broker.
The case is set to go to court on Jan. 9. Will the judge rule in favor of BlockFi or FTX? Only time (and a Jan. 9 court date) will tell. ππ€
π·οΈ #Alameda #bankruptcy #blockfi #FTX #Robinhood
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π° Sam Bankman-Fried wants to hold Robinhood shares, pay lawyers
π Whoa, drama alert! π¨π¨
SBF, who's currently out on bail awaiting trial, is fighting for Robinhood shares that both FTX and BlockFi claim to pay legal fees.
A court hearing is set for Jan. 9 to decide who gets the shares π€. FTX says they should go to creditors, but BlockFi says they belong to them. Meanwhile, the former FTX CEO says he needs the funds to pay for his criminal defense.
πΉ Stay tuned for the outcome of this wild share showdown!
π·οΈ #bankruptcy #blockfi #FTX #Robinhood #SBF
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π Whoa, drama alert! π¨π¨
SBF, who's currently out on bail awaiting trial, is fighting for Robinhood shares that both FTX and BlockFi claim to pay legal fees.
A court hearing is set for Jan. 9 to decide who gets the shares π€. FTX says they should go to creditors, but BlockFi says they belong to them. Meanwhile, the former FTX CEO says he needs the funds to pay for his criminal defense.
πΉ Stay tuned for the outcome of this wild share showdown!
π·οΈ #bankruptcy #blockfi #FTX #Robinhood #SBF
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π° Robinhood to buy out shares acquired by Sam Bankman-Fried
π Big Robinhood News Alert!π° Board gives green light to buy back shares from SBFπ₯ Talks with DOJ heating up, but timing uncertain.
π·οΈ #blockfi #FTX #Robinhood #SBF
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π Big Robinhood News Alert!π° Board gives green light to buy back shares from SBFπ₯ Talks with DOJ heating up, but timing uncertain.
π·οΈ #blockfi #FTX #Robinhood #SBF
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