10-01-2021, 09:00 PM
Robinhood Securities President Sold all His AMC Stock before Restricting People from
<!-- SC_OFF --><div class="md"><p>A new lawsuit alleges that the chief operating officer and securities president of Robinhood James Swartwout has sold all his AMC stock just before Robinhood restricted people from buying it.</p> <p>This is literal insider trading, rethink about using them to hold your crypto. Do you really think they might not pull the same move again if they gain significant marketshare in the crypto space?</p> <p>Even the SEC chairman Gary Gensler has warned about Robinhoods shady businesses practices, they sell your crypto and stock trading data to hedge founds.</p> <p>Sources: <a href="https://nypost.com/2021/09/03/gary-genslers-brewing-battle-with-robinhood-could-prove-bloody/">https://nypost.com/2021/09/03/gary-genslers-brewing-battle-with-robinhood-could-prove-bloody/</a> <a href="https://www.trustnodes.com/2021/09/30/robinhood-coo-sold-amc-before-restrictions-court-documents-allege">https://www.trustnodes.com/2021/09/30/robinhood-coo-sold-amc-before-restrictions-court-documents-allege</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dwez1337"> /u/Dwez1337 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyxkum/robinhood_securities_president_sold_all_his_amc/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyxkum/robinhood_securities_president_sold_all_his_amc/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>A new lawsuit alleges that the chief operating officer and securities president of Robinhood James Swartwout has sold all his AMC stock just before Robinhood restricted people from buying it.</p> <p>This is literal insider trading, rethink about using them to hold your crypto. Do you really think they might not pull the same move again if they gain significant marketshare in the crypto space?</p> <p>Even the SEC chairman Gary Gensler has warned about Robinhoods shady businesses practices, they sell your crypto and stock trading data to hedge founds.</p> <p>Sources: <a href="https://nypost.com/2021/09/03/gary-genslers-brewing-battle-with-robinhood-could-prove-bloody/">https://nypost.com/2021/09/03/gary-genslers-brewing-battle-with-robinhood-could-prove-bloody/</a> <a href="https://www.trustnodes.com/2021/09/30/robinhood-coo-sold-amc-before-restrictions-court-documents-allege">https://www.trustnodes.com/2021/09/30/robinhood-coo-sold-amc-before-restrictions-court-documents-allege</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dwez1337"> /u/Dwez1337 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyxkum/robinhood_securities_president_sold_all_his_amc/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyxkum/robinhood_securities_president_sold_all_his_amc/">[comments]</a></span>Kind Regards R