Robinhood Down, Users Unable To Transfer Money Out

Tyler Durden's Photo
by Tyler Durden
Tuesday, Nov 09, 2021 - 03:15 PM

Just hours after admitting that 5 million users' email addresses were hacked, Robinhood is in trouble again.

DownDetector reports that a number of users are reporting outages on the system:

But perhaps more troublesome, it appears there are issues with money transfers, vis Robonhood's status page:

Investigating - We’re investigating reports that some customers are experiencing issues transferring money in and out of Robinhood. We’re working to resolve this as soon as possible.

The outages and the money transfer blockage appears to have coincided with the crash in Tesla shares.