Robinhood, Under Cloud After User’s Suicide, Scraps UK Launch
Stocks and crypto investment platform Robinhood told prospective U.K. customers the launch in that country has been indefinitely postponed.
Bitcoin is down amid negative news from South Korea, but Uniswap has shot to the top of the DeFi rankings.
With popular online trading platforms hit by more outages amid high volumes, companies like Robinhood may learn something from crypto exchanges.
Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders on to market makers.
The reported outages affect Robinhood, Charles Schwab, TD Ameritrade and others.
Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.