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If Robinhood was up-front with users there would be no issue, but they lied. They never mentioned liquidity issues when blocking trades. Several brokerages wer
by 0xy 6y ago
If Robinhood was up-front with users there would be no issue, but they lied. They never mentioned liquidity issues when blocking trades.
Several brokerages were capitalised well enough to allow GameStop trades, Robinhood wasn't because of incompetence and/or malice. This isn't their first blunder, remember when they tried to create bank accounts with zero insurance because their legal and/or executive team is incompetent?