Robinhood Crypto, a division of the trading platform Robinhood Markets, has agreed to a $3.9 million settlement following accusations that it blocked customers from withdrawing cryptocurrency purchased on the platform.
Robinhood Crypto Settles $3.9 Million for Failing to Deliver Cryptocurrency Withdrawals
Settlement resolves an investigation into the company’s alleged violations of the California Commodities Law.
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, on July 29, 2021. Andrew Kelly/Reuters
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
