Robinhood to pay $3.9 million to settle California crypto investigation

Oluwapelumi Adejumo

Robinhood’s crypto division has agreed to pay a $3.9 million fine, settling a California investigation into its past practices, according to a Sept. 5 statement. California Attorney General Rob Bonta said the settlement was secured after Robinhood Crypto prevented users from withdrawing their digital assets from 2018 to 2022. The company also failed to disclose […]

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Robinhood to pay $3.9 million to settle California crypto investigation