Florida, Supreme Court
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Florida Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have misled customers by promoting itself as the least expensive way to buy cryptocurrencies.
The Robinhood trading app is under investigation by Attorney General James Uthmeier for what the state’s top prosecutor says are allegations of violating the Florida Deceptive and Unfair Practices Act.
Florida Attorney General James Uthmeier said Thursday that his office has submitted a subpoena to “uncover internal documents” belonging to Robinhood Crypto, LLC, after alleging that the company misled its customers by promoting itself as the “least expensive” way to purchase cryptocurrency.
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