The firm did not acknowledge any wrongdoing for the actions, which the SEC said took place between 2015 and late 2018. Robinhood did, however, accept a censure in the cease-and-desist order, along with a $65 million monetary penalty.
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Blockchain Capital’s Jimmy Song speaking at the Bitcoin 2019 Crypto PR Lab afterparty (photo by Martine Paris).Crypto pundits are unfazed by market volatility
A look at the halving, the whale, and the Bitcoin faithful
Martine Paris talked with crypto pundits, Jimmy Song, venture partner at Blockchain Capital and author of Programming Blockchain; Alex Frenkel, GM of Kin Ecosystem; Michael Terpin, CEO of Transform Group and co-founder of BitAngels; and Alex Mashinsky, founder and CEO of Celsius Network. What follows are their views on the likely causes of the wild parabolic swings.
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Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).Robinhood adds ‘fee-free’ crypto trading for users in New York and 38 other states
Millennial trading app is all grown up now with their BitLicense.
In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.
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Winklevoss twins launching Gemini Cryptobus campaign in New York CIty, January 2019. (Photo by Gemini Twitter)Winklevoss twins hit the streets to take on Coinbase and Robinhood for retail customers
Gemini launches Bitcoin giveaway to battle two giants
In a surprise announcement over the weekend, Tyler Winklevoss, co-founder & CEO of crypto exchange Gemini, tweeted, “Let’s play a game: Spot the @Gemini Crypto Bus. Reply to this tweet with your pics and #CryptoBus, best one wins 1 bitcoin (BTC). Right now they are in San Francisco, Chicago, and Washington D.C. Happy hunting!”