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Robinhood CEO details 3:30 am call to put up $3 billion

New York (CNN Business) Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading app to put up a staggering $3 billion, co-CEO Vlad Tenev said Monday. “This was obviously nerve-wracking,” Tenev told Tesla (TSLA) boss Elon Musk during an interview on the platform Clubhouse. […]

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