Lawmakers are expected to grill the chief executive of trading app Robinhood, along with several hedge fund big wigs, about a massive disruption to the stock market led by retail investors earlier this year.
Robinhood CEO defends actions in GameStop saga at hearing fredericksburg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fredericksburg.com Daily Mail and Mail on Sunday newspapers.
Robinhood, hedge funds and Roaring Kitty defend Gamestop moves ahead of hearing | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
17 February 2021, 10:53 pm EST By
Reddit is now involved in a lawsuit claiming that bots and foreign entities had a hand in the r/WallStreetBets subreddit which contributed to the almost 400 percent rise of GameStop s stocks early this year. The Reddit CEO has clarified that there has been no evidence of that allegation and would be testifying in front of Congress to defend the platform.
(Photo : (Photo by Zach Gibson/Getty Images))
WASHINGTON, DC - OCTOBER 16: Reddit Inc. co-founder and CEO Steve Huffman looks on during a hearing with the House Communications and Technology and House Commerce Subcommittees on Capitol Hill on October 16, 2019 in Washington, DC. The hearing investigated measures to foster a healthier internet and protect consumers.