Summary
- The US SEC announced that it has concluded its investigation into Robinhood's crypto business with 'no further action.'
- The SEC had previously filed a lawsuit claiming that Robinhood violated multiple securities laws.
- With the conclusion of this investigation, Robinhood's crypto business has secured stability.
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's cryptocurrency trading platform.
On the 24th (local time), economic news outlet AGGR News announced via X that "the SEC's investigation into Robinhood's crypto business has concluded with 'no further action.'"
Previously, the SEC had filed a lawsuit against Robinhood, claiming multiple securities law violations.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
