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2018-09-11 13:00:34

Robinhood's Zero-Fee Crypto Trading is Making a Fortune from Customers' Data

Robinhood's zero-fee crypto trading app is helping the company generate millions of dollars. The California-based company's clients include firms who have been investigated by the SEC for insider trading and other illegal activities. Robinhood is also selling their customers' financial data for over 10 times what high-frequency trading firms pay to other companies for the same volume.