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Robinhood Settles for $3.9M with California Over Crypto Withdrawals from 2018 to 2022

Sep 5, 2024, 12:10 AM

Robinhood Markets has reached a $3.9 million settlement with the state of California over issues related to cryptocurrency withdrawals. The settlement addresses the company's failure to allow customers to withdraw cryptocurrency from their accounts between 2018 and 2022. This decision was announced by California Attorney General Rob Bonta.