SEC Ends Investigation Into Robinhood
Just last week, the US Securities and Exchange Commission (SEC) made the decision to end its enforcement action against Coinbase. The move was a key part of its continued shift, as it ends its combative stance opposing the cryptocurrency industry. That has continued this week, as the SEC has reportedly ended its investigation into Robinhood. According to a press release from the platform, the agency’s enforcement division has ceased its probe and “will not pursue enforcement action.” Indeed, the update follows the issuance of a Wells Notice from the agency in May 2024 that Robinhood chief legal officer Dan Gallagher says “never should have been opened.” JUST IN: SEC ends investigation into Robinhood. — Watcher.Guru (@WatcherGuru) February 24, 2025 Also Read: XRP ETF Gets New Timeline for SEC Approval: What to Know SEC Closes Robinhood Investigation As Crypto Policy Overhaul Continues Just one month ago, the SEC announced the launch of its new crypto task f...