Robinhood Users Found Glitch to Access Free Money
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6 November
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Users of a cryptocurrency-focused trading platform Robinhood Markets Inc. have discovered a glitch, which allows them to trade stocks with excess borrowed funds, giving them access to free money, Bloomberg reports.

Bloomberg Accuses Robinhood of Selling Customers Data
Robinhood Users Found Glitch to Access Free Money
reddit.com

According to a Reddit user, the so-called "infinite money cheat code" bug is being exploited and at least one user "bragged about a $1 million position funded by a $4,000 deposit."

Robinhood's spokesperson Lavinia Chirico claims the company is aware of the situation and "communicating directly with customers."

Earlier iHodl reported that Robinhood expanded its services in eight new states, including Delaware, Kentucky, Louisiana, Maine, Maryland, Minnesota, Nebraska, and Vermont.

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