SEC Enforcement Division closes investigation into Robinhood Crypto

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SEC Enforcement Division closes investigation into Robinhood Crypto

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Cointelegraph reports that the SEC has closed its investigation into Robinhood Crypto less than a year after issuing a Wells Notice. Robinhood disclosed the development along with a $45 million settlement and stated that the investigation “never should have been opened”.

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Publish date

6:00am, Monday, February 24, 2025

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John Reed Stark

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U.S Securities and Exchange Commission (SEC)

Web URL

https://cointelegraph.com/news/sec-enforcement-division-closes-investigation-robinhood-crypto

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Robinhood announced that SEC concluded its investigation with no action

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In addition to Robinhood, the SEC’s enforcement actions against industry players like Coinbase, Binance and Ripple may be dead in the water, according to former SEC official John Reed Stark

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Robinhood Crypto always has and will always respect federal securities laws and never allowed transactions in securities

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