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A comment on SEC charges Robinhood $65M for misleading customers about revenue sources. Parent comment

Re:SEC charges Robinhood $65M for misleading customers about... by beambot on Thursday December 17, 2020 @12:12PM (#25457561)
50% x (-$65M) + 50% x $34M = -$15.5M

You'd need better than 50-50 odds. ;)

[ Parent | on HN ]
Re:SEC charges Robinhood $65M for misleading customers about... by iaw on Thursday December 17, 2020 @12:15PM (#25457599)
Math is off it's

0.5 * -65M + 1 * 34M = +1.5M

They get the +34M 100% of the time, not 50%, they didn't have to surrender it.

[ Parent | on HN ]