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Robinhood Vows to Improve Platform Following Customer Tragedy

Robinhood Vows to Improve Platform Following Customer Tragedy

Alexander Kearns, a 20-year-old buyer of inventory and cryptocurrency buying and selling platform, Robinhood, dedicated suicide on June 12. This tragedy reportedly occurred after an misguided damaging steadiness of greater than $730,000 appeared in Kearns’ account. This error has prompted the platform to take measures to be able to enhance the platform’s providing.

In line with the official announcement, Robinhood is contemplating further standards and training for patrons looking for stage three choices authorization. They state that this may increasingly assist guarantee clients perceive the platform’s refined choices buying and selling options.

They be aware that they may also be increasing academic content material associated to choices buying and selling inside their web site, whereas additionally rolling out enhancements to in-app messages and emails despatched clients about their multi-leg choices spreads.

The corporate additionally introduced a $250,000 donation to the American Basis for Suicide Prevention.

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