We recently identified a small number of accounts engaging in problematic trading activity on our platform. We’ve quickly restricted these accounts, and made a permanent update to our systems intended to prevent anyone from engaging in this pattern of trades. We’ll continue to monitor closely for any type of abusive activity on our platform and will take action as appropriate.
A glitch in Robinhood Markets software was exploited by about 20 customers and triggered estimated losses of less than $100,000.