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According to Robinhood, the SEC has completed the Robinhood Crypto examination

The online retail company RobinHood announced today that the US Securities and Exchange Commission (SEC) officially completed its investigation into Robinhood Crypto (RHC).

On February 21, 2025, the enforcement department of the SEC RHC reported in a letter that it had concluded and did not intend to advance a enforcement measure. This follows the termination of the SEC in May 2024 Wells to RHC.

“We welcome the personnel's decision to close this investigation without measures,” said Dan Gallagher, Chief Legal, Compliance and Corporate Affairs Officer, Robinhood Markets, Inc. Robinhood Crypto and will always respect the federal securities law and never transactions approved in securities. As we explained the SEC, everyone would have failed against Robinhood Crypto. We appreciate the formal closure of this investigation and are pleased that we see a return to the rule of law and the commitment to fairness at SEC. “