Crypto-friendly trading app Robinhood faces lawsuit from securities regulators

The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto. Massachusetts securities regulators are reportedly preparing to file a complaint against a major cryptocurrency-friendly trading platform, Robinhood. According to a Dec. 16 report by the Wall Street Journal, Massachusetts regulators alleged that Robinhood’s marketing illegally […]

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Former JPMorgan exec joins Ripple’s board

CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.” Sandie O’Connor, the former chief regulatory affairs officer at banking giant JPMorgan, is joining Ripple’s board of directors. According to a Ripple blog post published yesterday, O’Connor will “provide counsel on key government relations and regulatory initiatives” as part of […]

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