but it also executes many of the orders submitted by Robinhood customers. So with that, you have these lawyers providing internal communications that seem to show tensed talks between the two companies. In fact, one message from Jim Swartwout, who is the president and COO of Robinhood Securities reading, "You wouldn't believe the convo we had with Citadel. Total mess." While it's unclear what exactly was being discussed there, the lawyers argued that this and several other cryptic messages were evidence of Citadel pressuring Robinhood, which really mean this has been a theory that's persisted online for months now. With many online snatching these messages saying, "Hey, this is proof that Citadel pressured Robinhood." Many accusing Citadel LLC CEO, Ken Griffin, of lying to Congress when he said that there was no collusion between the two companies. But still there you have Citadel holding firm tweeting that it did not ask Robinhood or any firm to restrict or limit its trading activity on January NUMBER_TOKENth. Announcing the accusation is being fueled by internet conspiracies and Twitter mobs. Robinhood spokesperson, also later echoing that account, saying, "These complaints attempt to create a false narrative of collusion. In times of market stress it's normal and advisable for us to communicate even more with our market centers." All right, so essentially saying that communication does not equal collusion, which is not a new statement. That is something that both Robinhood and Citadel stated during their Congressional hearings earlier this year. I bet all of that brings us then to the second new major allegation that we're seeing. The second accusation directly involved Swartwout. The basis of this allegation being that he sold his shares of AMC during the height of trading just two days before Robinhood restricted trading. According to the lawsuit on January NUMBER_TOKEN, Swartwout outright said in an internal chat, "I sold my AMC today," adding, "FYI, tomorrow morning, we are moving GameStop to NUMBER_PERCENTAGE_TOKEN, so you are aware." While people have interpreted in different ways what moving GameStop to NUMBER_PERCENTAGE_TOKEN actually means, many are in agreement that it shows that he was trading stock on non-public information. With others also alleging that it appears that his tipping off others to this non-public info. Well, yes, that is illegal. Like the last allegation, this is now in the hands of the court. And so now we have to wait and see. Do they see it one way? Do they see it the other? Do they kind of see it one way but it's not inclusive enough? There's more evidence end up coming out that supports or rejects these accusations. But ultimately, that's the story and time will tell how everything lands. But what I will say separate to that, like I said, I am invested in one of their competitors. I did so at my own monetary risk, but also because I truly believe in this company. If you're someone that's been thinking about investing, but you're not in a new place, I highly recommend you go to Public. You can use URL_TOKEN Obviously, that benefits me. But Public is a great service in its own right. And two, if you're someone that uses Robinhood, you're not happy with them, you don't support the things that they did
START_SPONSOR_TOKEN But ultimately, that's the story and time will tell how everything lands. But what I will say separate to that, like I said, I am invested in one of their competitors. I did so at my own monetary risk, but also because I truly believe in this company. If you're someone that's been thinking about investing, but you're not in a new place, I highly recommend you go to Public. You can use URL_TOKEN Obviously, that benefits me. But Public is a great service in its own right. And two, if you're someone that uses Robinhood, you're not happy with them, you don't support the things that they did END_SPONSOR_TOKEN