Robinhood has a ‘free money cheat’ that allowed one user to grow $4,000 into $1 million through ‘infinite leverage’
|11/05/2019||Posted by BusinessMediaguide.Com under General World News||
- The Robinhood trading app has a bug that’s allowing users to trade with an infinite amount of borrowed cash, creating what one user called an “infinite money cheat code.”
- The bug was first discovered by the WallStreetBets sub-reddit on Monday after one user exploited the glitch to turn a $4,000 deposit into a $1 million position.
- The company “is aware of the isolated situations and communicating directly with customers,” according to a spokesperson.
- Visit the Business Insider homepage for more stories.
Robinhood Markets’ app has a bug that allowed users to trade with an unlimited amount of borrowed cash, creating what one read more >>>