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<ul class="news-points"> 
 <li><strong>TruthLabs raised suspicions about Robinhood’s involvement in facilitating illicit crypto funds.</strong></li> 
 <li><strong>The detective cited a $544 million flow from FTX customer funds to Robinhood.</strong></li> 
 <li><strong>Also, the connection between Robinhood’s UK expansion plans and FTX’s UK deal was scrutinized.</strong></li> 
</ul> 
<p>TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of <a href="https://coinedition.com/tag/Robinhood/">Robinhood</a>, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds.&nbsp;</p> 
<p>Citing Sunil, an activist for FTX creditors, TruthLabs highlighted a concerning flow of $544 million from FTX customer funds through various channels, ultimately landing in Robinhood.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">Is Robinhood a silent player in moving/accepting illicit Crypto funds?<br><br>I’m left wondering how much illicit funds have been hidden and/or Passed thru Robinhood! <a href="https://twitter.com/sunil_trades?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@sunil_trades</a> highlights below how $544 Million in FTX customer funds flowed from FTX -&gt; Alameda -&gt; Special Purpose… <a href="https://t.co/A1tf1yTQF8" target="_blank" rel="nofollow">https://t.co/A1tf1yTQF8</a> <a href="https://t.co/KvvU2jzogQ" target="_blank" rel="nofollow">pic.twitter.com/KvvU2jzogQ</a></p>— TruthLabs 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@BoringSleuth) <a href="https://twitter.com/BoringSleuth/status/1761858764380979417?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 25, 2024</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>The investigation dates back to early 2023 when a wallet linked to Robinhood’s public exchange address received over $400 mill…</p>
<p>The post <a href="https://coinedition.com/crypto-investigator-alleges-robinhoods-involvement-in-illicit-fund-flow/">Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow

Coin Edition

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