California AG Reaches $3.9M Settlement with Robinhood Crypto Over Alleged Historical Violations (2018-2022)

On 4 August 2024, California Attorney General Rob Bonta announced a $3.9 million settlement with Robinhood Crypto, LLC (Robinhood), following an investigation into alleged violations of California’s consumer protection laws between 2018 and 2022. The investigation centered on claims that Robinhood, during this period, prevented customers from withdrawing cryptocurrency from their accounts and... source: https://www.cryptoglobe.com/latest/2024/09/california-ag-reaches-3-9m-settlement-with-robinhood-crypto-over-alleged-historical-violations-2018-2022/