Crypto Robinhood Faces SEC Wells Notice Over Allegations of Offering Unregistered Securities
New York, United States – Robinhood Crypto, the division of the popular stock trading app dedicated to digital assets, revealed on Monday that it has been served with a Wells Notice from the Securities and Exchange Commission (SEC). Dan Gallagher, Robinhood Markets’ chief legal, compliance, and corporate affairs officer, expressed confidence in the non-securities status of the assets on their platform. Gallagher stated, “We look forward to engaging with the SEC to clarify the weak …