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Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle


Bitcoin.com
2024-05-09 23:16:17

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some of the cryptocurrencies offered on its platform are securities. Crypto Drives Robinhood’s Profitable Q1 Retail trading platform Robinhood Markets


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