kisancana-Robinhood subpoenaed by SEC over crypto listings and custody
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Robinhood (NASDAQ:HOOD) Markets has revealed thait had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business' crypto listings, custody and platform operations.
In a 10-K filing, the brokerage said it received the investigative subpoena in December shortly after crypto exchange FTX filed for bankruptcy in November, and after "several other major cryptocurrency trading venues and lending platforms earlier in 2022," including Three Arrows Capital, Voyager Digital Holdings and Celsius Network.
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