Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

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Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

   Attorney General California crypto Cryptocurrency Digital Assets DOJ misconduct Regulation Regulations Robinhood Crypto Settlement Transparency withdrawal    September 5, 2024  |  0

Robinhood Fined $3.9 Million Over Cryptocurrency Withdrawal Restrictions in CaliforniaCalifornia Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own […]  Read more »
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