Robinhood says it will not face SEC channels via Crypto Business
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- Robinhood said Monday that the sex informed the company, he would not receive the implementation of the action due to his cryptocurrencinence.
- The past possible online trade notice received a well notice, indicating that the possible penalties were possible after the investigation.
- Sex also said coins last week, it would seem to reject the lawsuit against CRIPTO Exchange.
Robinhood (Hood) He said on Monday that he informed him with securities and execution of the Commission not to receive any punishments through its cryptocurrency business.
The trade platform on the network said that on Friday received a letter from the SEK, informing birth that SEC research was closed without intention “to progress with implementation.”
Regulator mission a Bunar Notification Last May, informing the company recommended by the actions of execution over their crypton business. Robusia decision follows a similar move with coinbase (Coin), who said last week That SEC seeks the dismissal of a two-year litigation against the platform for the trading of cryptocurnancy.
The sector spokesman refused to comment on the decision on birth.
Robinhood calls the move ‘return to the rule of law’ per second
“Robinhood Crypto always has and will always respect the laws of federal securities and are never allowed to transactions in securities,” said the main legal officer Robinhounda Day Gallagher. “We appreciate the formal closure of this investigation and we will be happy to see the return of the rule of law and the commitment of justice per second.”
Managers in CRIPTO industry were optimistic About us President Donald Trump is another notion friendly in the industry from the administration of President Joe Biden. SEC Stolic Gari Gensler, who criticized the crypto industry as too sharp, stepped down In January. Trump nominated Paul Atkins, Sec Chair Under President George V. Bush, As a replacement of GenslerAlthough still waits for the certificate of the Senate.
The Robinci shares were reduced by about 4% Monday morning. They almost doubled value because Trump’s election victory, recently hit the highest point from the day after the Health 2021 Initial public offer.
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2025-02-24 18:03:00
