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5/6/2024

Robinhood’s Crypto Arm Receives Wells Notice from SEC: What Investors Need to Know

Robinhood Markets, Inc. (NASDAQ: HOOD) announced that its cryptocurrency trading division, Robinhood Crypto, had been served with a Wells notice from the U.S. Securities and Exchange Commission (SEC). The news sent ripples through the market, prompting concerns among investors and stakeholders. But what exactly does this mean for Robinhood and its investors?

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