Category: Robinhood

Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene?

Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene?

Was last week’s Reddit versus Wall Street stand-off really the “beginning of the end for centralized finance,” as Gemini founder Tyler Winklevoss described it? Or was it just a one-time instance of individuals coming together to right a perceived wrong — with no long-term economic consequences? As GameStop, a struggling videogame retailer, came under attack […]

Continue Reading

New class action against Robinhood alleges oligopoly manipulation

New class action against Robinhood alleges oligopoly manipulation

The unfolding short-squeeze on GameStop stock to the detriment of major hedge funds “could not be allowed to continue.” 3828 Total views 25 Total shares Robinhood, the stock trading app formerly popular with millennials, is facing another class-action suit, following its recent temporary suspension of purchases of GameStop and other “meme-stocks” through its platform. The […]

Continue Reading