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Jump Crypto ties to FTX and Solana put Robinhood users at risk

Jump Crypto ties to FTX and Solana put Robinhood users at risk

Robinhood customers have assets held and transactions processed by a labyrinth of opaque service providers, including Jump Crypto.

Cryptocurrency news by Protos · Protos

November 16, 20224m 6s

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Show Notes

Investors in the investing app Robinhood fear that contagion from FTX could affect their trades being processed by Jump Crypto. The link between Robinhood, Jump, and FTX is direct: Sam Bankman-Fried (SBF) notably owned 7.6% of Robinhood’s stock and once claimed to be preparing a full acquisition offer for Robinhood.

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