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Robinhood to Pay $3.9M Settlement for Commodity Law Violation

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Robinhood Crypto has agreed to pay $3.9 million to end an ongoing lawsuit. California Attorney General Rob Bonta, investigating the case, found that crypto traders on Robinhood’s platform were unable to withdraw cryptocurrency from their accounts between 2018 and 2022. In addition, users were compelled to sell back their…

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DOJ Penalizes Robinhood $3.9 Million For Past Crypto Withdrawal Restrictions

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…

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Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

California 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…

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