What I learned after somebody used my SSN to try to trade stocks on Robinhood

On Monday at 7:16 p.m. EDT, a weird email hit my inbox. Robinhood (HOOD), the online brokerage that has shaken up retail investing, told me it had approved an account in my name. A second email the next day urged me to link my bank account to Robinhood so I could trade my first stock.

This was strange because I’ve never contemplated trading individual stocks. Sure, I work for a news site with a large audience of retail investors, but I’ve never been part of those ranks. While initially I…


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