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https://www.cnbc.com/2019/11/05/some-robinhood-users-were-able-to-trade-with-unlimited-borrowed-money.html https://www.cnbc.com/2019/11/05/some-robinhood-users-

by blhack 6y ago

https://www.cnbc.com/2019/11/05/some-robinhood-users-were-able-to-trade-with-unlimited-borrowed-money.html https://www.cnbc.com/2019/11/05/some-robinhood-users-were-ab... Here's another bug in RobinHood that allowed people to use unlimited margin.

fuzxi 6y ago
>Another Robinhood user posted a video claiming to have gotten 25 times leverage by turning $2,000 of stock into $50,000 worth of buying power. Multiple other users posted videos and screenshots of the hack, with directions on how to repeat the cheat code. Bloomberg News first reported the glitch. This one is incredible because he put all of that money into Apple puts two days before they released their earnings report. He lost everything.