Robinhood CEO Vlad Tenev on Jan. 29 pushed back against the “conspiracy theory” that hedge funds prompted the mobile brokerage company’s decision to restrict users from purchasing shares in GameStop.
Members of Congress have in recent days called for an investigation into whether there was collusion by hedge funds and platforms like Robinhood, after purchases of hot stocks like GameStop, KOSS, and AMC were restricted by various platforms.
