Robinhood malformed ACH caused thousands of failed transactions (reddit.com) 4 points by ianhawes 7y ago ↗ HN
[–] ianhawes 7y ago ↗ Some context: All Robinhood funds transfers (withdrawal and deposits) failed overnight because of a malformed ACH file.Deposits that failed were automatically charged a $9 fee and had instant deposit capability frozen.This is particularly devastating to folks who were depositing funds, who were automatically subject to margin calls.
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[ 3.0 ms ] story [ 6.9 ms ] threadDeposits that failed were automatically charged a $9 fee and had instant deposit capability frozen.
This is particularly devastating to folks who were depositing funds, who were automatically subject to margin calls.