July 9, 2021
Hello,
I'm responding to the Eligible Investor Letter. I've lost more than $65,000 due to Robinhood's illegal practices and unfair option prices. I've tried to close my positions many times but Robinhood didn't fill them in times of market volatility in 2018-2020. Robinhood also crashed during times of heavy market volatility. Robinhood has also misled many new investors into dangerous options and options spreads and not properly informing them of the risks. Many individuals have lost their life savings due to Robinhood's illegal and unethical practices including myself. I hope I can receive some compensation from this fair fund, Thank you.
Sincerely,
Zhiqiang Wang