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Florida’s Attorney General has launched a formal investigation into Robinhood Crypto over its cryptocurrency-related activities. The probe aims to determine whether the company misled investors or violated state law.
According to James Uthmeier, Florida’s Attorney General, Robinhood Crypto allegedly “breaks Florida’s Deceptive and Unfair Practices Act by falsely promoting its crypto platform as the least expensive way to purchase crypto,” which is not true.
Source: fullycrypto.com
