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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by mgolawala on Thursday January 28, 2021 @12:57PM (#25945795)
Exactly this. They know there will be lawsuits and they know there might be SEC fines, but they are betting that those two will total up to be less than the billions it would cost them to cover a short position at $500-$600 per share.

The question I have is, can this be prosecuted criminally and can those in charge be threatened with actual jail time from this?

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by tornato7 on Thursday January 28, 2021 @04:39PM (#25949677)
But I don't think they are expecting the backlash that this had received. As a Robinhood user I am making it clear that this is not okay by withdrawing all of my funds and cancelling my Gold account, and I hope others will do the same.
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