Robinhood ordeal shows broken system and importance of regulation,

Over the past few days, a number of stocks, such as GameStop (NYSE:) and AMC Entertainment (NYSE:), have risen dramatically in price, reportedly in line with attention from Reddit users buying in the face of selling pressure from big players. Popular trading platform Robinhood subsequently began restricting customers’ ability to buy multiple assets associated with the drama. When asked about his thoughts about Robinhood suspending GameStop stock purchases, Richard Byworth, CEO of crypto exchange EQUOS, noted the importance of freedom in the markets.

“It’s always important to have free and transparent markets for all traders, and maintaining an open trading book that is available for everyone to use is a responsibility of all trading venue providers,” Byworth told Cointelegraph. “The GameStop issue and platform responses will likely see crypto assets come more into focus.”

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