Robinhood’s crypto arm fined  million by New York State’s financial regulator

Robinhood’s crypto arm fined $30 million by New York State’s financial regulator

The regulator claimed that Robinhood Crypto did not “devote sufficient resources” to mitigate risks The regulator claimed that Robinhood Crypto did not “devote sufficient resources” to mitigate risks New York State’s financial regulator has fined the cryptocurrency arm of Robinhood Markets Inc $30 million for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules. (Sign […]

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