Scandal-hit investment platform Robinhood has revealed that the personal data of millions of its customers was exposed by a “data security incident” after an extortionist “socially engineered” a customer support staffer last week.
Occupy Wall Street was, for many activists, the point at which the masses came closest to shaking the foundations of power. But it also sowed seeds that have derailed subsequent movements, leaving the 1% more ensconced than ever.
The “knee-jerk” decision by Robinhood to stop the trading of high-flying stocks is “a bit troubling,” according to Jordan Belfort, the author of ‘The Wolf of Wall Street’. They could have just as easily raised the margin, he says.
The raging battle between Wall Street hedge funds and retail traders organized on Reddit over companies such as GameStop and AMC has stolen the spotlight this week. RT’s Max Keiser explains what’s it all about.
The fleeting spectre of political unity over the GameStop stock scandal was quickly dispelled as firebrand Democrat Alexandria Ocasio-Cortez denounced Republican Senator Ted Cruz – who just agreed with her – as wanting her dead.