[helsinkiandrew]

What do you think is wrong with the way they handled the GameStop debacle? They say they run out of cash to fund people buying GameStop on margin. They raised more from investors and opened up buying again. The facts stand up that the whole debacle was a result of their incredibly generous margin facilities. Other (better) trading platforms exist that didn't stop allowing purchases but also didn't give out $1K interest free margin.

> Robinhood restricted trading in these stocks in order to meet collateral requirements at their clearinghouse

> The [class action] case was dismissed by the Miami federal court that November, on the grounds that the plantiffs fell short of providing direct evidence of an antitrust conspiracy