SEC goes after Robinhood; KangaMoon steady as market reacts

SEC issued a Wells Notice againast Robinhood, alleging securities violations. Crypto prices reacted lower, with Bitcoin (BTC) retreating to under $64,000. KangaMoon (KANG), a new crypto project for play-to-earn and SocialFi, continued to attract investors. Robinhood Markets Inc., the company behind the popular stock and crypto trading app, revealed it received a Wells Notice from […] source: https://coinjournal.net/news/sec-goes-after-robinhood-kangamoon-steady-as-market-reacts/