Topline Shares of Robinhood rose 13.1% Wednesday to $10.44, a three-month high, a day after the online brokerage released dismal earnings and announced it was laying off nearly a quarter of its worker...
Tag: Robinhood
Robinhood to Layoff 23% of its Workforce Following Q2 Loss
Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech ...
Robinhood cops $30m fine after failing to hire enough staff
The crypto arm of trading and investment app Robinhood (RHC) has been fined $30 million by New York authorities after it failed to properly invest in its workforce, processes, and resources, leading t...
New York Regulator Smacks Robinhood Crypto With $30 Million In Penalties ⋆ ZyCrypto
Advertisement     The New York State Department of Financial Services (NYDFS) on Tuesday handed Robinhood’s crypto trading unit a $30 million fine for alleged violatio...
Robinhood fined US$30 million for compliance failures
Robinhood, a trading app fined US$30 million The company is already in a loss of $295 million On Tuesday, the department of Financial Services, New York fined US$30 million on Robinhood, a trading app...
Crypto trading platform Robinhood cuts staff…
The so-called “crypto winter” continues to bite deep into the sector, as crypto trading platform Robinhood becomes the latest to divest itself of staff as its revenues plummet. Robinhood, the one time...
Robinhood set to dismiss 23% of its workforce
Robinhood has announced that it will have to let go almost a quarter of its workers in the coming weeks due to a downturn in fortune. According to the official announcement by the platform, the compan...
Robinhood Axes 23% of Staff, Cites “Broad Crypto Market Crash”
Share this article Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go o...
Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”
Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm bl...
Robinhood to Reduce its Workforce by 23%, Citing Broad Crypto Market Crash
The Co-Founder and CEO of Robinhood – Vlad Tenev – said the company will lay off approximately 23% of its staff due to the adverse ongoing macroeconomic conditions, including the record inflation in t...
Regulators Ring-up Robinhood for $30M Fine
Robinhood didn’t put up a dedicated phone number for consumer complaints, violating customer safeguard measures The settlement with Robinhood is the regulator’s first crypto enforcement New York’s fin...
Robinhood Faces the Wrath of NYDFS, Fined $30 Million
The Wall Street Journal (WSJ) reported on Tuesday that The New York State Department of Financial Services (NYDFS) has fined the online brokerage Robinhood’s cryptocurrency trading division $30 millio...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Coinotizia
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
Robinhood Fined $30 Million by NYDFS Over Non-compliance
20 mins ago | 2 mins read Exchange News Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money launde...
Robinhood Lays Off 23% of Staff a Day Before Earnings Report
Laid off employees will have the option to stay until Oct. 1, 2022 with full pay and benefits HOOD was trading about 4.5% lower in after-hours trading Tuesday Robinhood has shed 23% of its staffers, t...
Robinhood Crypto Fined $30 Million by New York Regulator
Robinhood Crypto – the cryptocurrency-focused unit of the online brokerage firm – has been slapped with a $30 million fine by the New York State Department of Financial Services (NYDFS). The departmen...
Robinhood’s Crypto Arm Hit With $30 Million Fine By State Regulator
Topline New York’s financial regulator has fined Robinhood’s cryptocurrency subsidiary $30 million after an investigation which the agency says found the company broke anti-money laundering and cybers...
Robinhood Crypto fined $30 million by NYDFS
The New York State Department of Financial Services (NYDFS) has imposed a $30 million fine on Robinhood Crypto, the digital assets trading arm of Robinhood Markets Inc. (NASDAQ: HOOD), the regulator s...
Robinhood Crypto Handed $30M Fine by New York Regulator: WSJ
Share this article The New York State Department of Financial Services has reportedly issued Robinhood Crypto with a $30 million fine. It’s the first time the financial regulator has fined a crypto-fo...
Robinhood Crypto fined $30 million for alleged anti-money-laundering violations
In its first crypto-related enforcement action, the New York State Department of Financial Services (NYDFS) levied a fine of $30 million on the cryptocurrency trading subsidiary of online brokerage Ro...
Robinhood Has a New and Powerful Rival
Robinhood (HOOD) – Get Robinhood Markets Inc. Report has something to worry about. The brokerage house, which wants to democratize finance and attract a new generation of investors, is faced w...
Cathie Wood’s Ark Invest Offloads Coinbase & Robinhood Shares
Coinbase Exchange and commission-free stock brokerage, Robinhood appears to be losing the support of one of its biggest investors, Ark Invest, the investment vehicle owned by Wall Street veteran Cathi...
Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan
Given the sharp drop in share prices, JPMorgan expects Coinbase and Robinhood to lower employee equity grants via RSUs, though it still expects “share creep from RSU issuance will drive dilution to a ...
How to Invest During a Bear Market: 6 Tips
If you’re new to the stock market, you’ve probably had a rude awakening: The value of your investments has declined in the past few months. While that may be worrisome, don’t panic. A bear market—defi...
3.2 Billion Dogecoin (DOGE) Worth $218M Transferred to Robinhood
Team shirts of Aliens featured Dogecoin in their most recent matches. The data tracker detected numerous transactions headed for the Robinhood wallet. 3.2 billion DOGE worth approximately $218 million...
3.2 Billion Dogecoin Reportedly Moved by Robinhood: Details
According to DogeWhaleAlert, a data tracking service that gives whale alerts for transactions of more than four million DOGE, 3.2 billion DOGE worth nearly $218 million has been reportedly moved by Ro...
Robinhood Moves 15,000 Bitcoin – Trustnodes
The stock and crypto investing app Robinhood has taken top 4 position in bitcoin holdings with 117,000 BTC, worth $2.6 billion. They suddenly moved about 15,000 of it to a mislabeled Coinbase wallet, ...