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Robinhood has a glitch that’s letting users borrow far more than they should

Photo by: TechCrunch

A glitch in the the stock trading app Robinhood is allowing users to trade stocks with excess borrowed funds, and the company doesn’t appear to have found a fix as of this writing. According to Reddit’s WallStreetBets forum , and first  reported on by Bloomberg , one trader bragged about a $1 million position funded by a $4,000 deposit . Another says he accessed $50,000 worth of purchasing power,...

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