Robinhood s crypto business is under fire by the SEC. Here s what that means for customers

Get the Full StoryThe company was just hit with a Wells Notice, or a formal warning that the SEC intends to take civil action.

This morning, Robinhood Markets shares dropped more than 2 in premarket trading after the company s cryptocurrency division was hit with a Wells Notice. Filed by the U.S. Securities and Exchange Commission on Saturday, the notice is a formal warning that the SEC intends to take civil action against Robinhood.

Share: