Author: Hannah Lang
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Robinhood must face U.S. market manipulation claims over ‘meme stock’ rally, judge rules
By Jody Godoy and Hannah Lang (Reuters) -Stock trading platform Robinhood Markets Inc must face market manipulation claims over restrictions it placed on trading during last year’s “meme stock” rally, a U.S. judge ruled on Thursday. U.S. District Court Judge Cecilia Altonaga in Miami said in the ruling that investors in GameStop Corp, AMC Entertainment…
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Dems introduce bill to curb Russian crypto use
WASHINGTON • Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities and prevent them from transacting with U.S. customers. The Digital Asset Sanctions Compliance Act is led by Senator Elizabeth Warren and co-sponsored by 10 other Democrats, including Sens. Mark…