Federal prosecutors in Manhattan just charged two former Robinhood engineers over crypto trades, and the fallout is already hitting brokerages that had nothing to do with it.
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Prosecutors charged two ex-Robinhood engineers with front-running crypto listings for $50K+ gains each, sending HOOD down 5% and BULL down 9%.
IBIT...
Robinhood Sinks 5% After Prosecutors Reportedly Charge Two Former Engineers Over Crypto Trades; Webull Drops 9%
Federal prosecutors in Manhattan just charged two former Robinhood engineers over crypto trades, and the fallout is already hitting brokerages that had nothing to do with it.