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Robinhood caught using a Service which illegaly Collected Private Information and even the Password of your Online Banking Account

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by COINS NEWS 152 Views

Using Robinhood is not "free": Robinhood got caught using a Service which illegaly Collected Private Information and even Passwords of your Online Banking

Robinhood is often praised for being "free", but in reality you do pay, with your personal information

Robinhood has been using "Plaid", a service which connects your bank account to Robinhood and their Crypto trading App.

Sounds good, until you realize what kind of information they collect. They collect so much personal information, that it even somehow manages to violate privacy laws which even Facebook manages not to, going as far as recording your online banking login details.

Plaid being sued for $60M because of privacy violations

So think again if you use Robinhood, or any other "free" service online

submitted by /u/Dwez1337
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