Can Robinhood legally sell your Bitcoin holdings without asking for permission?

3 answers

• Jan 13, 2022 · 3 years ago
  No, it is not legal for Robinhood to sell your Bitcoin holdings without your permission. As a user, you have the right to control your own assets and decide when and how to sell them. If Robinhood were to sell your Bitcoin holdings without your consent, it would be a violation of your rights and potentially subject to legal consequences.
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• Jan 13, 2022 · 3 years ago
  Legally, Robinhood cannot sell your Bitcoin holdings without asking for your permission. Your Bitcoin holdings are your property, and Robinhood is merely a custodian of those assets. They are obligated to act in your best interest and follow the terms and conditions of their platform, which should include obtaining your consent before selling your holdings.
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• Jan 13, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange, Robinhood is legally required to obtain your permission before selling your Bitcoin holdings. This is to ensure that users have full control over their assets and can make informed decisions about when to sell. If Robinhood were to sell your holdings without permission, it would be a breach of trust and could result in legal consequences for the platform.
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