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Re:An Update from Robinhood’s Founders by benmanns on Tuesday March 03, 2020 @11:01PM (#22481099)
I haven't seen official statement, but I did see a couple reddit threads where Robinhood exercised ITM calls without enough funding in the account, then collected the shares and paid the cash difference.

https://www.reddit.com/r/wallstreetbets/comments/fcqkmo/so_r...

There's also some threads where it looks like it did not go so well...

https://www.reddit.com/r/wallstreetbets/comments/fd2eko/upda...

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