🔴 Robinhood is trading 5.3% down today after former employees charged over alleged Hyperliquid front-running

Robinhood is trading 5.28% down now at ARS 5740 after prosecutors charged two former employees with allegedly front-running cryptocurrency listings using confidential Robinhood information on Hyperliquid.

• The allegations continue weighing on investor sentiment following the September 16 selloff.
• Crypto markets are not confirming the decline: Bitcoin is up 0.54%, Ethereum 2.10%, and Solana 2.03% since the prior close, while major U.S. indices are rising.