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‘It stinks of corruption’: Texas AG calls out Robinhood, Discord, Citadel and others over GameStop stock throttling

“Wall Street corporations cannot limit public access to the free market, nor should they censor discussion surrounding it, particularly for their own benefit,”Paxton said in a statement on Friday. “This apparent coordination between hedge funds, trading platforms, and web servers to shut down threats to their market dominance is shockingly …

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Robinhood CEO accused of ‘lying’ on CNN after claiming he halted stock purchases to adhere to vague ‘regulatory requirements’

Tenev was interrogated by CNN’s Chris Cuomo on Thursday amid the Robinhood-GameStop stocks controversy, with the CEO claiming his decision was made to adhere to vague “regulatory requirements” and not to protect wealthy hedge funds that were shorting the stocks. After Cuomo highlighted the irony of the company being called …

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Google DELETES 100,000-plus one-star ratings of Robinhood app after enraged retail traders pile negative reviews over GameStop ban

After Robinhood controversially stepped in and made the “risk management decision” to block the purchasing of stocks being made unusually popular thanks to the r/WallStreetBets subreddit, its app on Google Play was inundated with reviews from unsatisfied customers.  The app’s near-perfect rating stumbled to just one star on Thursday after …

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