Slowly but surely the secret is coming out that Michael Penix Jr. has officially arrived as a franchise quarterback. The Atlanta Falcons' starter has been exceptional since returning to the lineup in Week 3, racking up nine touchdown passes to go with just one interception.
Penix is fresh off his best game of the season, totaling three scores and no turnovers against a top-five San Francisco 49ers defense.
That should have gotten Penix a huge ****** p in the weekly NFL.com quarterback rankings, but he only saw a modest gain of one spot, coming in at No. 12. That puts him in-between two former league MVPs, one spot below Patrick Mahomes and one above Matt Stafford.
"Michael Penix Jr. looks very comfortable and decisive in Kevin Stefanski's offense, freely spreading the ball among his many talented targets at a rate I haven't seen from him previously in his NFL career. Penix's contributions were especially important in a game in which Bijan Robinson fell short of breaking things open on the ground, and a reason to take the Falcons seriously going forward."
While the small gain is a little disappointing, keep in mind that Penix wasn't even listed in most quarterback rankings going into the season. Instead, it was Tua Tagovailoa representing the Falcons, usually somewhere between Nos. 30 and 32 among projected starters.

#quarterback

Mumbai Indians on Friday announced their new-looked support staff for IPL 2027, appointing Robin Uthappa as batting coach, Mitchell McClenaghan as bowling coach, T. Dilip as fielding coach and Dhawal Kulkarni as development bowling coach.

The four will work alongside head coach Kieron Pollard, who replaced Mahela Jayawardene last week, as Mumbai Indians put together a new coaching group ahead of the next season.

Uthappa, McClenaghan and Kulkarni have previously represented Mumbai Indians as players. Pollard, meanwhile, has been ******* ociated with the franchise for 16 years.

Uthappa was part of India's squad that won the inaugural ICC Men's T20 World Cup in 2007. He represented Mumbai Indians in 2008 and brings experience from Indian domestic and franchise cricket.

McClenaghan was part of Mumbai Indians' ******* le-winning campaigns in 2015, 2017, 2019 and 2020. The New Zealand pacer represented the franchise between 2015 and 2020 and will now take charge of the bowling group.

Dilip joins Mumbai Indians after working with the India men's team. He was part of the coaching staff during India's ******* le wins at the 2024 and 2026 ICC Men's T20 World Cups and the 2025 ICC Champions Trophy.

Kulkarni, a two-time IPL champion with Mumbai Indians in 2013 and 2020, returns to the franchise after representing the team in two spells — from 2008 to 2013 and again in 2020-21.

The former Mumbai pacer will work closely with the coaching staff during the season, focusing on the development of the team's bowling resources, particularly young Indian bowlers. His role will continue throughout the year, providing support to players and helping the franchise strengthen its pool of bowling talent.

The coaching overhaul comes after Mumbai Indians, who are five-time IPL champions, performed below-average last season.

#Mumbai #indians #coach #bowling

The 2026 season might have been a struggle for the North Hunterdon High School football team, but last weekend's victory over neighborhood rival Voorhees in the 51st annual Milk Can Game is a good way to go into the offseason on a supremely positive note.
Senior Matt Esposito led the way in the 21-18 victory, which increased the Lions all-time lead in the series to 36-14-1 and gave them their first victory of the season. Esposito rushed 27 times for 193 yards and the three touchdowns, including two in the second half. He also pitched in five tackles on defense, plus an interception.
The senior finishes with 916 yards and nine scores for the season, plus a receiving touchdown, while recording 36 tackles, two interceptions and a forced fumble in the Lions' defensive secondary.
"Matt had a tremendous year and was an instrumental piece to the team," North Hunterdon coach CJ Robinson said. "He brings the effort, attitude, and toughness on Friday nights. His performance last week is a great reflection of the work and commitment he's put in this year. To see him play at that level and help lead our team to a win was special. We were fortunate to have had him as part of our program."
Simeon Pincus has covered NJ sports since 1997. He can be reached at SPincusGannettNJ.com. Follow him on Twitter SimeonPincus

#team #hunterdon #matt

Kieron Pollard has taken over from Mahela Jayawardene as head coach of Mumbai Indians, and the franchise has turned to one of its best-known former players to lead it into IPL 2027.
On Friday, it was announced that former India player Robin Uthappa will take over as the team's batting coach while former MI pacer Mitchell McClenaghan has been named the bowling coach.
Pollard spent the last four IPL seasons as MI's batting coach, after he retired from playing in the league ahead of the 2023 season. He now moves up to the top job, which is also the first time he has held a head coaching role.
At 39, he is still active on the franchise circuit, having played for MI New York in the MLC and for Trinbago Knight Riders in the CPL this year. Earlier this month, Joburg Super Kings signed him in the SA20 player auction for the 2027 season.
Add The Sporting News as a preferred news source

#batting #mahela

AA Milne's first Pooh book was published a century ago in October 1926. Generations of children loved it, but its inspiration, the author's own son, told the BBC that he took to "running away when people bring up the subject".
"Pooh, promise you won't forget about me, ever. Not even when I'm a hundred." This is the plaintive cry made by Christopher Robin to his teddy bear, Winnie-the-Pooh, in the final chapter of The House in Pooh Corner.
British novelist and playwright AA Milne needn't have worried. The first Winnie-the-Book was published 100 years ago in October 1926, and introduced a cast of characters modelled on the author's son and the soft toys he played with: lovably dim Pooh Bear, nervy Piglet, hyperactive Tigger, pessimistic Eeyore. Far from being forgotten, in the century since then the characters have taken on a life far beyond the parameters of their idyllic home, the Hundred Acre Wood.
BBC Radio 4, Desert Island Discs: Christopher Milne, 13/11/1976
From 1966, they became the subject of animated and live-action Disney films, in what is now one of the highest-grossing media franchises of all time. Pooh Bear has even courted controversy in Poland for being "inappropriate", sparked memes mocking the Chinese president Xi Jinping, and prompted tongue-in-cheek pop-culture theories in which the residents of the Hundred Acre Wood have been "diagnosed" with different psychological conditions.

#christopher #acre #wood

Atlético de Madrid have officially announced Diego Pablo Simeone's squad for the trip to Germany. The Rojiblancos face VfB Stuttgart in a decisive match on the third matchday of the UEFA Champions League league phase, with the Argentine coach taking a squad offering a range of tactical options.
The main news in Atlético's travelling squad is the return of Johnny Cardoso. The midfielder is back after missing the last league fixture against Espanyol through injury, providing a key defensive option to strengthen the midfield against the German side.
As for absentees, alongside captain Koke Resurrección, Cuti Romero will also be unavailable, joining Atlético's injury list for this Champions League clash. The defender has a muscle problem and will not be available to Simeone.
In goal, Jan Oblak heads a list of goalkeepers that also includes Juan Musso and academy product Salvador Esquivel. Meanwhile, the defensive options include Dávid Hancko, Marc Pubill, Robin Le Normand and Alejandro Grimaldo, who will underpin the structure set out by the coaching staff.
The squad is rounded out by creative talents such as Álex Baena, Lee Kang-in and Morten Hjulmand, alongside an attacking line led by Julián Álvarez, Alexander Sørloth and Giuliano Simeone. With this squad, Atlético will look to secure three vital points at the Neckarstadion.

#league #tico #injury #alongside

As of right now, we're in a bit of trouble.
I despise the fact that I've had to type that sentence and I accept that it's still early in the season and with plenty of time for things to change, but the fact is that Sunderland are enduring a terrible opening stanza of their 2026/2027 Premier League season.
Although Thursday night's Europa League victory over Torreense was memorable, this crash-and-burn display against the Cherries was a brutal comedown and featured all the hallmarks of this lethargic, disjointed side in full cry.
From back to front (bar Robin Roefs, who was exceptional), the Lads were dismal on Sunday and even though Régis Le Bris shuffled the starting eleven in an attempt to shore things up and seemingly eke out a 0-1 away win, it backfired spectacularly, leaving the head coach with yet more wreckage to sift through and a group of players for whom the highs of 2025/2026 must seem a lifetime away.
This wasn't inevitable.

#premier

Bruised and battered, the Carolina Hurricanes met their first loss in seven games against the Calgary Flames – missing key pieces of their lineup in the second half of their back-to-back weekend set. The Flames took the game with a 3-2 win, ironically mirroring the same score the Hurricanes had in their win against the Winnipeg Jets just the day before.
Entering Sunday night's contest, Carolina was not just missing Jordan Staal and Taylor Hall, but it was also Mark Jankowski – who had centered Staal's third line – due to a lower-body injury. Following the game, head coach Rod Brind'Amour further discussed that Jankowski had been shipped back to Raleigh to have his injury checked out.
The game honestly played out very similarly to the one against the Jets Saturday, with the first period ending in a 0-0 tie, and the second period ending in a 2-2 tie, with the third period having the singular goal – the game-winner.
In the second frame, Jesperi Kotkaniemi scored first on a slick wrist shot with help from Nicolas Deslauriers and Eric Robinson in a shift that their line was determined to find twine on.
Jesperi Kotkaniemi gets the first goal of the game–and his second goal in as many games!
Nicolas Deslauriers with his first point of the season on the primary **** ist!#CarolinaCulture #flames #NHL pic.twitter.com/X3ikBu9baY

#first #flames #back #Jets

Duke cornerback Kimari Robinson has publicly apologized for swatting at a female trainer who was tending to one of his teammates. The incident, which was captured on the broadcast and went viral, occurred during the Blue Devils' loss to UNC on Saturday after Duke safety DaShawn Stone went down in a scary moment.
In a statement posted to social media, Robinson apologized for his conduct, saying that he had also apologized to the trainer in private after the game.
"I want to publicly apologize to the member of our training staff for how I acted toward her during Saturday's game. I was completely wrong, and she did not deserve that," Robinson wrote. "Immediately after the game, I apologized to her personally and checked to make sure she was okay."
Robinson added that his outburst stemmed from worry about Stone, who Robinson said "is like family."
"I was scared he might be seriously hurt. But being worried about him does not excuse how I treated her. I should have controlled my emotions, and I didn't," Robinson continued. "I'm truly sorry for my actions and for letting her, myself and our program down. I have to be better than that."

#game

An unfortunate moment went viral during Week 7 of the college football season, when Duke Blue Devils defensive back Kimari Robinson shoved a female athletic trainer who was trying to help treat injured Duke safety DaShawn Stone, who was lying motionless on the turf.
The athletic trainer was trying to create ******* e as Stone was being treated, but Robinson took issue with that and shoved her arm away.
That led to plenty of discourse on social media, with several fans calling out Robinson's actions as inappropriate, while others understood the emotion involved after seeing such a terrifying injury in the middle of the game.
On Sunday night, after taking some time to reflect on the moment, Robinson issued a lengthy apology on social media. He says he apologized to the trainer in person before going public with his statement.
MORE: Duke football player, female athletic trainer exchange sparks controversy

#stone #shoved #female

Duke football defensive back Kimari Robinson apologized after he received backlash for swiping at a team trainer trying to attend to an injured player.
During Duke's rivalry game against North Carolina on Saturday, Oct. 17, Dashawn Stone was injured in what looked like a serious injury, and Robinson went to check in on his teammate.
However, when a trainer came on the field to help, Robinson swiped his arm at the staffer, who looked to be shaken by it as she tried to attend to Stone.
The moment went viral on social media with Robinson receiving backlash for his actions.
"I want to publicly apologize to the member of our training staff for how I acted toward her during Saturday's game," Robinson posted on social media on Sunday, Oct. 18. "I was completely wrong, and she did not deserve that. I apologized to her personally and checked to make sure she was okay. The injured player on the ground, DaShawn Stone, is like family to me, and I was scared he might be seriously hurt. But being worried about him does not excuse how I treated her. I should have controlled my emotions, and I didn't.

#dashawn #attend

Phylicia Rashad and Debbie Allen's story reveals how colorism, comparison, and beauty standards can shape Black women's self-image from childhood into adulthood.
For generations of Black communities, actress Phylicia Rashad has been seen as one of the beacons of grace and beauty. However, in a recent conversation on the "IMO Podcast" hosted by Michelle Obama and Craig Robinson, Rashad revealed that she once did not see herself as beautiful in comparison to her sister Debbie Allen.
"I think if there was competition that I felt, I always felt that Debbie was beautiful and that I was not," Rashad shared. "I don't remember what led to the conversation, but I said to Deborah that I had always wanted to be beautiful, like her, and she looked at me, she said, 'But you're the beautiful one, you're the one. I was always trying to be beautiful like you,' and then we broke down and started crying."
"We grew up with that foolishness, that colorism, foolishness that brown paper bag [test] foolishness," Allen interjected. "I remember one time Phylicia loved chocolate milk, and we were drinking chocolate milk, and my uncle said to her, 'Girl, you better drink all the white milk you can.' That was so ugly."
"I think that's why Phylicia felt, but Phylicia looked more like Mama than me. And I always wished that I was pretty like her," Allen added.

#allen

Andrew Mountbatten-Windsor is currently on a mission to take the police to court over alleged unlawful searches of his properties when he was arrested in February, as he remains holed up at his safe haven in Sandringham, provided by his brother, King Charles. But as the monarch owns the residence, he has the final say on everything, including Andrew's neighbours - who are now a herd of new cows.
A herd of rare British White Cows has arrived in a field right next to Andrew's current home, Marsh Farm. His Majesty has added the British Whites to his herd of 200 native heritage cattle, and they are happily grazing on grass yards away from the front door of Andrew's Norfolk residence.
British Whites are among the earliest recorded domestic cattle breeds in Britain and have roots dating back to Norfolk from the late 1700s.
Picture taken on 6 October, showing the recently-added rare British White Cows in a field on Marsh Farm on the Sandringham Estate in Norfolk next to Andrew Mountbatten-Windsor's farmhouse. (@ Bav Media / Geoff Robinson Photography)
The cows are ideal for conservation grazing on wet sites, making them ideal to live on the bog land around Andrew's house, where they will break down vegetation to encourage higher plant diversity and create bare ground to help birds find food.

#norfolk #mountbatten #sandringham

More than a decade after Robin Williams' death, his son Zak Williams is opening the pages of the comedian's final months, revealing that his father seemed close to finding a light at the end of the tunnel.
The late "Mrs. Doubtfire" actor died by suicide at age 63 after he had previously been diagnosed with Parkinson's disease, adding another layer to the health struggles surrounding his final years.
However, his children continue to carry different parts of his legacy forward through advocacy, memories, humor, and efforts to protect the authenticity of the man they knew as their father.
Cau-Guerin/ABACAPRESS.COM/MEGA
Zak looked back on his father's final months with a mixture of love and grief during his appearance on "The Squeeze" podcast.

#williams #father #doubtfire #abacapress

A family friend of Chad Lowe's late daughter, Fiona, is sharing some insight into the teen's mindset ahead of her tragic death.
Music executive Mykesha Robinson, whose daughter Faith was best friends with Fiona in elementary school, told the Daily Mail that "something happened" to the 13-year-old after the devastating fires ravaged Los Angeles' Pacific Palisades neighborhood in January 2025, killing at least 28 people and destroying more than 16,000 structures, including the Lowe family home.
"They lost everything," Robinson added.
Robinson claimed that Faith and Fiona met on the first day of school at Palisades Charter Elementary School in the Pacific Palisades, California, and quickly became "two peas in a pod," earning the nickname "FiFi" among their friends.
instagram.com/mabellowe_

#school #faith #elementary

Tom Sandoval has secured a two-year restraining order against ex-girlfriend Victoria Lee Robinson after months of legal filings stemming from a June confrontation at their Los Angeles home.
A Los Angeles judge approved the order on Oct. 1, extending protection for Sandoval through Oct. 1, 2028. Page Six obtained the court documents detailing the new restrictions.
The order follows the temporary protection Sandoval received in June after accusing Robinson and her father, J. Will Robinson, of attacking him. Victoria Robinson was arrested after police responded to the June 3 confrontation and was released the same day.
Robinson later filed her own domestic violence restraining-order request, accusing Sandoval of physical and verbal abuse during their relationship. Sandoval has denied her allegations.
The new order requires Robinson to remain at least 100 yards away from Sandoval, his home and his workplace. She cannot contact him directly or indirectly by phone, mail, email, text message or other electronic communication.

#order #Victoria #restraining #protection

Some responses are from this Reddit thread, this Reddit thread, and this Reddit thread.
Meghan Trainor / Via tiktok.com
—Basil_Box
Robin L Marshall / Getty Images
On Twitter, she added, "To clear things up…we ****** ed ONCE together and we laughed and said never again…but he will hang out with me if I'm 💩ing cuz WE SOULMATES. And i legit miss him when I'm away from him. And we pee together obvi."

#thread #marshall

PEOPLE is taking a look back at the celebrities whop shared the screen with their real-life children in the 2000s
Stars who worked with their real-life children have included Will Smith, Bruce Willis and Robin Williams
Back in 2005, Willis shared that working with daughter Rumer helped him to get to "some places emotionally that I might not have been able to do if I was working with another actress who wasn't my daughter"
For some Hollywood actors searching for a costar, they don't need to look further than their own house.
Plenty of celebrities have shared the screen with their real-life children over the years, and some of the most iconic films featuring stars working alongside their kids came during the 2000s.

#children #willis #back #stars

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.
The stock market was mixed, with the 10-year Treasury yield at 5%. The Nasdaq rose modestly, amid continued sector rotations among growth stocks. The S&P 500 largely held its ground but the Dow Jones and small-cap Russell 2000 fell solidly to three-month lows.
Robinhood Markets (HOOD) surged back into a buy zone Friday as part of bullish upside reversal for bitcoin and other crypto plays. Coinbase Global (COIN) flashed an aggressive entry. The iShares Bitcoin Trust ETF (IBIT) also is actionable.
Sandisk (SNDK) and Moderna (MRNA), the top S&P 500 performers so far this year, are in buy areas as well. So is Advanced Micro Devices (AMD), another top-10 S&P 500 stock.
Robinhood stock is on SwingTrader. AMD stock is on the IBD 50.

#futures #jones #Bitcoin #year

Robinhood Markets (NASDAQ:HOOD) ended August with $384 billion in Total Platform **** ets, its term for everything customers hold on the platform -- up 8% from July and 26% from a year earlier, according to operating data published Sept. 10.
The next big round number, $500 billion, sits about 30% away. I think Robinhood gets there at some point during 2027.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The reason isn't a bold **** umption about markets or a bet on a new product taking off. Customers' own deposits carry the platform most of the way, and the market only has to cover a modest gap.
Image source: Getty Images.

#billion #think #NASDAQ

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters.
Osaic has been hit with a class action suit claiming the firm put its own profits ahead of customers in how it has handled its various cash sweep programs.
In the suit filed in Arizona federal court, Osaic customers Robin Nackman and Douglas Whittaker accused Osaic of a "dramatic underpayment of interest" to their customers, violating their "contractual, implied and/or fiduciary obligations" to the plaintiffs.
"Despite its representation to the contrary, Osaic categorically has not adjusted interest rates paid to customers based on economic or prevailing market factors, but rather has kept the sweep rates artificially depressed as to reap substantial profits for itself," the complaint read.
In the complaint, Nackman and Whittaker argue that typically, uninvested cash from customer accounts is moved (or "swept") into interest-bearing accounts, generating client returns.

#osaic #wealthmanagement #whittaker #suit

Robinhood chief executive Vlad Tenev told investors that the company's prediction markets business is at the beginning of something much larger, and he put a number on it that most executives avoid saying out loud. "I think we're just at the beginning of a Prediction Markets supercycle that could drive trillions in annual volume over time," he said on Robinhood Markets' (HOOD) fourth quarter and full year 2025 earnings call on February 10.
He reported adoption below the forecast. In the same remarks, Tenev said prediction market volumes had "more than doubled yet again" in the fourth quarter, "with over 12 billion contracts traded in 2025, which is the first full year of Prediction Markets." Customers had traded more than four billion further contracts in the opening weeks of 2026. He called it "the fastest-growing business in our history, $300 million-plus run rate in its first year."
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Nvidia, OpenAI, and Oracle's $745B Financing Circle Just Hit Its First Stress Test: A Fed Rate Hike

#prediction #year #tenev

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The SEC isn't waiting for clarity with a capital C to give tokenized stocks the go-ahead.
On Thursday, Wall Street's watchdog issued a five-year order allowing trading venues to offer digital representations of company shares. The move ushers in a 24/7 type of trading that proponents say reduces counterparty risk through faster settlement. It also comes just days after the Senate blocked the Clarity Act, which would have provided a regulatory framework for cryptocurrency. The new rule is "designed to resolve challenges that have prevented responsible innovation from taking root in the United States while providing investor protections and market integrity standards," SEC Chairman Paul Atkins said.
The "Innovation Exemption," which has been in the works for more than a year, shows the SEC is willing to set rules that could push crypto-related offerings forward without lawmakers' buy-in at a time when investors are hungry for digital ****** ets and trading firms are eager to meet their demand. That's good news for Robinhood and Coinbase, which both offer tokenized stocks overseas and whose own stocks climbed 5% and 6% respectively on Thursday.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.

#upside #clarity #market

An anonymous trader known only by their wallet address 0x3bca had their $7.19 million short position on the S&P 500 fully liquidated on Hyperliquid as the broader market rebounded on Wednesday. The liquidation was tracked via onchain data on Hypurrscan.
A short position is a trade that profits when an ***** et's price falls. The trader was betting the S&P 500 would decline, and when it moved in the opposite direction, the position was forcibly closed at a loss.
Related: Kevin O'Leary has a warning on Washington's tax plans
Liquidation happens when a leveraged trade moves far enough against the trader that the exchange automatically closes it to prevent further losses. Hyperliquid is a decentralized exchange that lets users trade perpetual contracts, derivatives that track an ***** et's price without an expiration date, on crypto, equities and commodities.
The Hypurrscan data shows the wallet held a total portfolio value of roughly $7.85 million at the time, with exposure to S&P 500, XYZ100, BTC and gold contracts. The transaction history reveals a flurry of activity in the seconds surrounding the liquidation, including multiple "Close Long" orders on Robinhood stock (xyz:HOOD) at $109.48 and fresh "Open Long" positions on BTC at approximately $76,568.

#trader #position #hyperliquid #short

A public company typically has limited control over third-party financial products that reference its shares, but Robinhood Markets, Inc. (NASDAQ:HOOD) and AMC Entertainment Holdings, Inc. (NYSE:AMC) are now testing that notion in public, in one of the year's most intense corporate spats. The debate revolves over stock tokens and has evolved from a heated social media post on September 3 to a live televised retort by September 9.
Robinhood Markets, Inc. (NASDAQ:HOOD) expanded its tokenized shares offering, which is issued through a unit named Robinhood ****** ets (Jersey) Limited and traded on Robinhood's proprietary blockchain, Robinhood Chain, to include over 190 public firms, including AMC, without the companies directly signing on. When AMC CEO Adam Aron discovered that his company was among them, he did not mince words. On September 3, Aron posted on X, calling the practice "contemptible, outrageous, disgusting, detestable, inexcusable, vile," questioning how it could possibly be legal, and stating that AMC Entertainment Holdings, Inc. (NYSE:AMC) had no relation to the tokens and did not condone them.
He stated that the company would retain independent securities counsel and vowed to take the matter to the SEC, characterizing Robinhood's tokens as an unregistered securities product that undermines the regular relationship between a public company and its shareholders.
The market reaction was fast and telling: AMC shares rose as much as 21% in overnight trading after the public dispute broke out.
Robinhood did not back down. In the days that followed, the company's chief legal officer, Dan Gallagher, a former SEC commissioner, mocked the tone of Aron's complaint on social media, saying Robinhood "know[s] a little something about the US securities laws," and inviting AMC's lawyers to contact them. CEO Vlad Tenev originally commented on X with a brief "What's the concern?" before making his first extensive, broadcast comments on the controversy in a CNBC "Squawk Box" interview on September 9.

#company

Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.

#futures #engineers

Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.

#robinhood #exchange #tuesday

Uniswap (UNI) has jumped by more than 6% in the past 24 hours, and it is the best-performing token in the top 20, as on-chain data shows that protocol fees have exploded in September.
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the ****** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that ****** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.

#past #token #increase

Online brokerage Robinhood Markets (NASDAQ: $HOOD) says that it will offer share redemptions and voting rights on tokenized stocks.
The move comes as Robinhood faces mounting criticism over its plans to put U.S. stocks on blockchain rails.
"In-kind redemption and voting are coming for Robinhood Stock Tokens," said Robinhood CEO Vlad Tenev in a social media post on Sept. 14.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster

#online

Uniswap (UNI) has jumped by more than 6% in the past 24 hours, and it is the best-performing token in the top 20, as on-chain data shows that protocol fees have exploded in September.
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the **** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that **** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.

#token #robinhood