SEC Ends Investigation Into Robinhood’s Crypto Division, Clears Concerns

Robinhood Markets Inc. recently announced that the Securities and Exchange Commission (SEC) has closed its investigation into the company’s crypto division. According to Dan Gallagher, chief legal, compliance and corporate affairs officer for Robinhood, the investigation was unwarranted from the start. Gallagher expressed a strong opinion on the matter, stating, “Let me be crystal clear—this investigation never should have been opened.” The closure of the SEC’s probe into Robinhood’s crypto activities marks the end of a period of scrutiny for the company’s digital asset operations. More details are available in the original article from the National Law Journal.