Robinhood seeks sanctions investigators ahead of selfcustody crypto wallet launch

The hires could be linked to compliance related to self-custody wallets, which the company is releasing officially in the coming months. Robinhood Wallet, a standalone app on the Apple Store in beta, allows users to trade and swap crypto without network fees. The position requires two-plus years of experience working in financial crimes investigation, and one-plus years investigating cryptocurrency transactions. While not required, “Chainalysis experience” is welcome, per the post. That Robinhood is looking to expand its compliance team with a focus on crypto is unsurprising, given its past challenges on this front. Earlier this year, Robinhood Crypto was fined $30 million by New York finance regulators.