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In July 2019, Robinhood admitted to storing some customer passwords in cleartext in their internal systems, according to emails it sent to the affected customers. Robinhood declined to say how many customers were affected by the error and claims that it did not find any evidence of abuse.<ref>{{Cite web |last=Cimpanu |first=Catalin |title=Robinhood admits to storing some passwords in cleartext |url=https://www.zdnet.com/article/robinhood-admits-to-storing-some-passwords-in-cleartext/ |url-status=live |archive-url=https://web.archive.org/web/20190801120638/https://www.zdnet.com/article/robinhood-admits-to-storing-some-passwords-in-cleartext/ |archive-date=August 1, 2019 |access-date=August 24, 2019 |website=ZDNet |language=en}}</ref> In 2020, the firm found that almost 2,000 Robinhood Markets accounts were compromised and that the hackers had siphoned off customer funds.<ref>{{Cite news |last=Alexander |first=Sophie |date=October 15, 2020 |title=Robinhood Internal Probe Finds Hackers Hit Almost 2,000 Accounts |language=en |work=Bloomberg |url=https://www.bloomberg.com/news/articles/2020-10-15/robinhood-estimates-hackers-infiltrated-almost-2-000-accounts |access-date=November 19, 2020}}</ref>
In early November 2021 the company announced that about 5 million customers had their email addresses stolen by hackers via a [[voice phishing]] scheme. Another 2 million customers's full names were also taken. Three hundred customers had more extensive personal information taken.<ref name="wsj081121">{{cite news |last1=Rudegeair |first1=Peter |title=Robinhood Hack Exposes Millions of Customer Names, Email Addresses |url=https://www.wsj.com/articles/robinhood-hack-exposes-millions-of-customer-names-email-addresses-11636408263 |access-date=November 9, 2021 |publisher=[[The Wall Street Journal]] |date=November 8, 2021}}</ref> It is believed that
===Infinite leverage===
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