Robinhood’s Crypto Division Fined $30 Million by New York’s DFS

The Verge | Emma Roth | Aug 2, 2022 Robinhood’s cryptocurrency division has been fined $30 million by the New York Department of Financial Services over alleged anti-money laundering and cybersecurity violations. This marks the state’s first enforcement action related to cryptocurrency. The settlement resolves the investigation opened by the NYDFS last March, which Robinhood

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