SEC could sue Robinhood as security violation investigation continues

The Securities and Exchange Commission (SEC) is continuing its investigations into cryptocurrency exchanges, with the potential to sue Robinhood Markets.

The SEC, in its role as an agency responsible for regulating the securities markets and protecting investors, could sue US-based Robinhood Markets over securities violations alleged in the popular crypto app. In a recent SEC filing dated May 4, Robinhood Markets Chief Financial Officer Jason Warnick confirmed that Robinhood Crypto has...