Crypto Investigator Alleges Robinhood’s Involvement in Illicit Fund Flow

• TruthLabs raised suspicions about Robinhood’s involvement in facilitating illicit crypto funds.
• The detective cited a $544 million flow from FTX customer funds to Robinhood.
• Also, the connection between Robinhood’s UK expansion plans and FTX’s UK deal was scrutinized.

TruthLabs, a prominent crypto sleuth, has raised suspicions regarding the potential role of Robinhood, a U.S.-based clearing house, in facilitating the movement and acceptance of illicit cryptocurrency funds. 

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.

Is Robinhood a silent player in moving/accepting illicit Crypto funds?

I’m left wondering how much illicit funds have been hidden and/or Passed thru Robinhood! @sunil_trades highlights below how $544 Million in FTX customer funds flowed from FTX -> Alameda -> Special Purpose… https://t.co/A1tf1yTQF8 pic.twitter.com/KvvU2jzogQ

— TruthLabs (@BoringSleuth) February 25, 2024

The investigation dates back to early 2023 when a wallet linked to Robinhood’s public exchange address received over $400 mill…

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