Robinhood founder defends actions before Congress

Vlad Tenev, the chief executive of Robinhood came out in the defense of the app’s decision to halt trading in GameStop shares at a congressional hearing on Thursday. Allegations that the company acted to help hedge funds that were hemorrhaging money were described by Tenev as being ’absolutely false.’ The comments have led to a barrage of accusations that the company is deflecting blame.

Robinhood founder defends actions before Congress

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