**🚨 Crypto News Flash: Robinhood Ordered to Pay $9M Over Referral Program 🚨**

- **Court Ruling:** A U.S. federal judge has ordered Robinhood Financial LLC to pay $9 million for violating Washington state consumer protection laws through its "refer-a-friend" program.

- **Settlement Details:** The $9M includes $2.2M in attorney fees. This settlement benefits 827,327 consumers who filed claims.

- **SEC Wells Notice:** Robinhood also received a Wells notice from the SEC, indicating potential enforcement action over alleged securities law violations related to its crypto business.

- **Future Plans:** Despite these issues, Robinhood plans to expand into cryptocurrency futures in the U.S. and Europe.

💬 What are your thoughts on Robinhood's legal challenges and future plans? Share in the comments!