1/ Not sure why this is so confusing and controversial, but what *almost certainly* happened is that Robinhood's counterparty/custodians saw too much risk in Robinhood's *aggregate* account on $GME.

The custodians don't "look thru" their client's massive list of accounts...
2/ Let's just say its Bank of New York custodying Robinhood's assets. And say Robinhooders own 60mm shares and Robinhood margin is, idk, $5 billion.

BONY says "Sorry, no more $GME shares for you".

They do *NOT* say, "well, let's look at all 5 million of your accounts that own..
3/ that own $GME stock and handle each one individually."

People realize how absurd that is right?

That said, sucks for ppl who can't trade individually b/c of collective firm problem. But thats the system, those are the rules. Its an extremely rare risk, but its always there
4/ Play the game, know the rules. Game is risky, some risks are extreme tail events, but they are still real risks.
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