4 ms·
The Robinhood glitch continues with one user now reporting 500x leverage
In short - A user has now posted screenshots showing $1.7m of AMD shares using 3k of capital and $1.6m of covered calls.
I'm not that familiar with US law but at some point the SEC has to step in right?
https://www.reddit.com/r/wallstreetbets/comments/dsb0mz/robinhood_has_inbred_and_made_the_ultimate_autist/
- sushid 7y agoDo you have a screenshot by any chance? Looks like it’s been deleted.
- deleted 7y ago[deleted]
- non-entity 7y agoAnd if the SEC does step in, could anyone be held criminally liable for this mess, although it seems to be a bug
- x2f10 7y agoIs this legal? Illegal? This is wild.