There have been several Congressional Hearings since January’s drama, and something definitely doesn’t add up.
Robinhood’s CEO stated, under oath, that they switched off buys of GME following discussions with the DTCC.
In a later hearing, the head of the DTCC stated — again, under oath and on the record — that Robinhood’s decision was entirely their own, and they had never spoken with Robinhood about it.
Someone is lying.
I would urge anyone interested in this (ongoing) saga to read this excellent investigative journalism piece here:
There have been several Congressional Hearings since January’s drama, and something definitely doesn’t add up.
Robinhood’s CEO stated, under oath, that they switched off buys of GME following discussions with the DTCC.
In a later hearing, the head of the DTCC stated — again, under oath and on the record — that Robinhood’s decision was entirely their own, and they had never spoken with Robinhood about it.
Someone is lying.
I would urge anyone interested in this (ongoing) saga to read this excellent investigative journalism piece here:
https://prospect.org/power/how-the-gamestop-hustle-worked/