AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/01/28/gamestop-robinhood-aoc-ted-cruz-tlaib-khanna-robinhood/

With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning.

Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out the company.