Robinhood’s crypto trading subsidiary has agreed to pay the state of California a $3.9 million fine for restricting customers’ ability to withdraw cryptocurrency they purchased.
From 2018 to 2022, Robinhood Crypto had policies that prevented users from freely spending their digital assets. Although the company abandoned the practice in 2022, its actions attracted the attention of regulators.
As part of the agreement with the regulator, Robinhood not only agreed to pay the fine, but also to guarantee its customers complete freedom of action regarding their crypto assets.
Read the original article – https://cryptonews.net/ru/news/finance/29731707/.
