The only thing should be good for is for anyone who is dumb enough to still be holding coins on Robinhood to get them off of Robinhood as soon as is physically possible. Robinhood have a long and very widely known history of screwing over their users in every possibly way in order to make more profits for themselves and their hedge fund buddies.
to my knowledge, they did have a record to block trades they deem to be "risky" and even sold clients' shares without prior warning, for example, GameStop.