Robinhood says SEC issued subpoena related to crypto operations

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Robinhood Markets Inc said in a filing on Monday it had received an investigative subpoena in December from the U.S. Securities and Exchange Commission related to listings of cryptocurrencies.The collapse of Sam Bankman-Fried's FTX was the biggest in a string of major crypto-related failures in 2022, whic

Robinhood Markets Inc said in a filing on Monday it had received an investigative subpoena in December from the U.S. Securities and Exchange Commission related to listings of cryptocurrencies.

FTX filed for bankruptcy in November, which spurred an intervention from regulators around the world and dealt a blow to investor sentiment in the sector.

 

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