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Florida Attorney General Investigates Robinhood Crypto Over Alleged Deceptive Practices
Florida Attorney General James Uthmeier has launched an official investigation into Robinhood Crypto, LLC, accusing the company of potentially violating Florida’s Deceptive and Unfair Trade Practices Act. The probe centers around claims that Robinhood misled users by promoting its platform as the cheapest way to buy and sell cryptocurrency. According to Uthmeier, there is evidence that contradicts Robinhood’s marketing claims, suggesting that users may actually be paying more in hidden costs compared to other crypto trading platforms. Robinhood has advertised that customers “get the most crypto for your ... (full story)
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