5 ms·
Exactly this. They know there will be lawsuits and they know there might be SEC fines, but they are betting that those two will total up to be less than the bil
by mgolawala 6y ago
Exactly this. They know there will be lawsuits and they know there might be SEC fines, but they are betting that those two will total up to be less than the billions it would cost them to cover a short position at $500-$600 per share.
The question I have is, can this be prosecuted criminally and can those in charge be threatened with actual jail time from this?
- tornato7 6y agoBut I don't think they are expecting the backlash that this had received. As a Robinhood user I am making it clear that this is not okay by withdrawing all of my funds and cancelling my Gold account, and I hope others will do the same.