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Robinhood ex-employees charged for crypto insider trading

Two former Robinhood employees were charged with fraud for allegedly using confidential insider information to trade cryptocurrency-linked perpetual futures, according to the U.S. Attorney’s Office (Southern District of New York).

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Two former Robinhood Markets Inc. S. Attorney's Office for the Southern District of New York, over allegations they used confidential insider information to trade cryptocurrency-linked perpetual futures. The employees were identified as Hefu Chai, 36, and Huaisong Xia.