CORRUPT DTCC WAIVED $9.8bn IN MARGIN CALLS!! - AMC Stock Short Squeeze Update
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Links;
https://financialservices.house.gov/uploadedfiles/6.22_hfsc_gs.report_hmsmeetbp.irm.nlrf.pdf
https://twitter.com/0x_Mattt/status/1540379155883106305
It's now been proven that Citadel actually forced Robinhood to take away the buy button!
DTCC waived over $9bn of margin calls on January 28th, they also have a history of waiving margin calls as well, therefore, Robinhood was in little real danger of being liquidated/defaulting, they would've only received a small fine.
Many employees at Robinhood were also massively against PCO'ing stocks, believing it could crash the entire market.
However, Robinhood were never connected to the NYSE, NASDAQ or any other exchange, and therefore relied solely on their market makers to route trades.
Robinhood routed trades to 6 market makers, but 5 of the 6 stopped routing trades on January 28th (how convenient)... bonus points for guessing which market maker was still routing trades on that day...
Robinhood were entirely at the mercy of Citadel, willing to do literally anything for them, for Citadel to continue routing their trades.
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