https://wccftech.com/robinhood-exec-sold-amc-shares-two-days-before-january-trading-restriction-says-lawsuit/

An executive of Robinhood Markets, Inc sold shares of American theater chain AMC Entertainment Holdings earlier this year, days before the broker stopped its users from purchasing AMC's shares. The move came in January as the battle between retail and institutional investors reached its climate, with the former causing heavy losses to the latter by joining forces to drive up selected companies' share prices by making large stock purchases. Robinhood was caught in the middle of the saga, as it was responsible for settling trades made by its users who were looking to buy more shares of AMC and other companies to profit from their meteoric price increases.

Courtesy of a lawsuit filed in the United States District Court of Southern District Florida, details of Robinhood's Chief Operating Officer and President Mr. James Swartwout's internal chat in the company, reveal that the executive sold shares that he held of AMC before his company implemented a transaction restriction later in the week.