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What will happen to my digital assets if Robinhood goes out of business?

avatargodof gameDec 18, 2021 · 3 years ago1 answers

If Robinhood goes out of business, what will happen to my digital assets?

What will happen to my digital assets if Robinhood goes out of business?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    If Robinhood goes out of business, the fate of your digital assets will depend on the bankruptcy proceedings and the actions taken by the court. It's possible that your assets could be frozen or seized as part of the bankruptcy process. However, it's also possible that your assets could be returned to you, either through a distribution of the remaining funds or through a transfer to another exchange. It's important to stay informed and monitor the situation closely if you have digital assets on Robinhood. Remember to always keep your private keys and recovery phrases secure, as they are essential for accessing your digital assets on any platform.