Robinhood Markets Inc. is contesting a Wells Notice from the U.S. Securities and Exchange Commission (SEC), which could lead to enforcement action against its cryptocurrency division, Robinhood Crypto (RHC). The notice hints at possible securities law violations, but Robinhood maintains that its crypto listings do not constitute securities. The SEC’s Wells Notice received by Robinhood raises issues with RHC’s crypto listings, custody practices, and overall platform operations.
~This episode is sponsored by iTrust Capital~
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00:00 intro
00:15 Sponsor: iTrust Capital
00:52 SEC Robinhood Wells Notice
01:52 Market Manipulation
02:26 Robinhood Tried To Comply
04:40 SEC Hearing Tomorrow
05:08 Gensler FUD Timing
06:46 Ethereum ETF Will Be Denied in May
07:50 Ripple vs SEC Today
09:02 XRP is NOT a Security
10:07 Ripple Stablecoin Incoming
11:15 Congress Needs To Act
11:40 outro
#Crypto #Bitcoin #ethereum
~SEC Targets Robinhood Crypto!🚨 Gensler FUD Continues🔥~
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