Robinhood can’t buy a break, or can they?
With its purchase of a majority stake in Bitstamp, Robinhood wades "all in" to the crypto pool and gets expert advice from more than one supposed "gatekeeper".
“In the beginning, there weren’t many crypto companies that had the means to be able to afford us. Now, more and more crypto companies are able to afford high-end legal counsel.” Andrew Ceresney, co-chair of Debevoise & Plimpton’s litigation department, said his firm sees no shortage of paying crypto clients.
In the world of fintech, it often seems foxes…