It’s been a brutal year for Robinhood. The twin plunges of stocks and bitcoin have crushed the online brokerage’s sales. The company also reported a loss and drop in users. The stock has plummeted 40% this year and Robinhood recently announced a big round of layoffs.

(SOURCE) https://www.cnn.com/2022/05/13/investing/robinhood-sam-bankman-fried-ftx/index.html