🚀 Robinhood Crypto Settles for $3.9M with California DOJ! 🚀
Robinhood's crypto arm has agreed to a $3.9 million settlement with California's Justice Department over claims it halted crypto withdrawals from 2018-2022. The first public action of its kind, Attorney General Rob Bonta accused Robinhood of misleading customers about crypto holdings and trading venues.
Key Points:
- $3.9M settlement
- Must allow crypto withdrawals
- Clarify trading practices
Robinhood didn't admit wrongdoing but is ready to move forward. 💸
What do you think about this settlement? Drop your thoughts below! 👇