Robinhood Hit With $30 Million Fine




The New York State Department of financial services fines Robinhood in its first crypto enforcement action.

0:00 – Intro
0:06 – Robinhood
1:09 – Forsage Pyramid Scheme
2:16 – The SEC and the CFTC
2:35 – Interview with CFTC Commissioner Caroline Pham
3:02 – Nomad is hacked
3:49 – Steve Cohen and Radkl
4:27 – New York AG and crypto
4:44 – Market Performance
4:51 – Bitcoin
4:56 – Ether
5:00 – Nexo
5:07 – Polkadot
5:11 – Interview with Shehan Chandrasekera, the head of tax strategy at CoinTracker.io
5:20 – The broker definition
8:04 – So how are crypto and NFT’s being reported?
10:55 – January 1 changes

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Read more on Forbes:
https://www.forbes.com/sites/dereksaul/2022/08/01/11-charged-in-alleged-300-million-crypto-pyramid-scheme-by-forsage/?sh=5cf443a95674&utm_source=newsletter&utm_medium=email&utm_campaign=cryptocodex&cdlcid=62a20abcf9c34d1310d74010
https://www.forbes.com/sites/stevenehrlich/2022/08/01/cftc-commissioner-pushes-back-against-claims-the-regulator-cannot-police-digital-markets/?sh=111e05183d81
https://www.forbes.com/sites/shehanchandrasekera/2022/08/01/the-irs-is-working-on-a-new-tax-form-to-capture-your-crypto-activity/?sh=536051836c23

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