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Stock-trading apps make "money more ethereal, like a token in a video game, so users tend to treat it as a game credit rather than actual cash."
Robinhood’s ‘infinite money’ glitch has reportedly drawn regulatory scrutiny — and the company could be fined
The Securities and Exchange Commission and the Financial Industry Regulatory Authority are the two agencies most likely to investigate the matter.
The jig is up: Robinhood says it’s closed the ‘infinite leverage’ loophole that allowed users to build positions worth millions
The trading platform has implemented a "permanent update" meant to "prevent anyone from engaging in this pattern of trades," a spokesperson said.
A stock-trading Reddit forum has minted a group of hall-of-famers who best exploited Robinhood’s ‘infinite leverage’ glitch. Here...
The list includes the trader who first discovered the glitch and one who allegedly lost $180,000 and had his account suspended.
The Redditors who built up million-dollar positions from a Robinhood glitch are ‘psychopaths,’ says Ritholtz CEO Josh Brown
“These kids are out of their minds. They’re looking for ways to take reckless risks, and arguably they’re doing it to impress their friends on a chat site."
Copycat traders are one-upping each other as they exploit Robinhood’s ‘infinite money’ glitch — and one user now holds a $1.7 ...
Though the glitch was only discovered days ago, some traders are racing to exploit the bug for increasingly large trades.
The Reddit geek who raked in $100,000 with 2 trades credits his parents, likes tech stocks, and says the ‘hardest part’ was cashing out
Eddie Choi, who learned how to trade options on Reddit, told Markets Insider about his background, investment strategy, and future plans.
Robinhood has a ‘free money cheat’ that allowed one user to grow $4,000 into $1 million through ‘infinite leverage’
The company "is aware of the isolated situations and communicating directly with customers," according to a spokesperson.
People are trying to diagnose their gonorrhea and chlamydia on Reddit, and doctors worry it’s making outbreaks worse
A new study found the crowd-diagnosis trend is growing, and could lead to misdiagnoses, ineffective treatments, and the spread of STDs.
From the overhead bin raining maggots to a physical assault over armrests, flight attendants reveal the craziest things they've seen on the job.