Home » Business » Texas authorities in the US initiated investigation of 13 trading apps including Robin Hood and Discord

Texas authorities in the US initiated investigation of 13 trading apps including Robin Hood and Discord

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Source = Gamestop website capture


[이코노믹리뷰=노성인 기자] It requested an investigation into 13 stock trading apps that are suspected of interfering with transactions, including Robin Hood, Texas.

Foreign media reported that on the 29th (local time), Texas Attorney General Ken Paxton announced the results of an investigation into the suspension of stock trading, such as Game Stop of trading apps such as Robin Hood, Discord, and Citadel in a statement on the day.

“There was a coordination between the hedge fund, the trading platform, and the web server to block threats to their market power,” Paxton said. “It’s shockingly unprecedented and wrong. It smells of corruption.”

Trading apps such as Robin Hood countered the short selling of hedge funds on the 28th, limiting additional purchases of individual investors who bought GameStop stock. As the stock price collapsed, the US politicians also criticized Robin Hood and others and requested an investigation by the supervisory authorities.

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