Robinhood Crypto, the digital asset arm of the popular trading platform Robinhood Markets, has been served with a Wells Notice by the US Securities and Exchange Commission (SEC). The securities regulator informed the company that it plans to file an enforcement action over alleged securities violations.

Robinhood said it’s determined to prove “just how weak any case against Robinhood Crypto would be on both the facts and the law.”

SEC Slaps Robinhood With...