The SMCI Robinhood Glitch That Cost Millions — Key Highlights
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Comprehensive Findings & Archive
A system glitch allowed robinhood customers to improperly short a meme stock in december that ultimately cost the company $57 million.
In its report, the firm accused supermicro of accounting malpractice, reminding investors of the $17. 5 million penalty the company paid in a 2020 settlement to the sec over.
Dubbed the infinite money cheat code by users of reddit inc. s wallstreetbets forum, the bug is being exploited, according to users on the forum.
One trader bragged about.
Photographic Archive
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