Crypto trading platform Robinhood has agreed to pay a $3.9 million fine as part of a settlement related to complaints filed several years ago by its customers. The penalty also comes with stricter behavioral requirements for the company going forward.

The investigation into Robinhood was sparked by consumer complaints about questionable practices within their crypto division.
Robinhood Mandatory Paying Rp6 T to Customers
California Attorney General Rob Bonta announced in a press release on Wednesday (4/9) that Robinhood would pay a fine for its actions in restricting customers' access to its crypto assets between 2018 and 2022. In addition, Robinhood failed to provide important details regarding its trading practices and order handling.