{"id":640111,"date":"2024-09-05T15:08:03","date_gmt":"2024-09-05T15:08:03","guid":{"rendered":"https:\/\/wncen.com\/?p=640111"},"modified":"2024-09-05T15:08:03","modified_gmt":"2024-09-05T15:08:03","slug":"doj-penalizes-robinhood-3-9-million-for-past-crypto-withdrawal-restrictions","status":"publish","type":"post","link":"https:\/\/wncen.com\/breaking-news-ticker\/doj-penalizes-robinhood-3-9-million-for-past-crypto-withdrawal-restrictions\/","title":{"rendered":"DOJ Penalizes Robinhood $3.9 Million For Past Crypto Withdrawal Restrictions"},"content":{"rendered":"
Crypto trading platform Robinhood has reached a $3.9 million settlement with the California Department of Justice (DOJ), following an investigation into its alleged failure to allow customers to withdraw their cryptocurrency from 2018 to 2022.\u00a0<\/span><\/p>\n
The investigation was prompted by numerous consumer complaints regarding Robinhood’s practices, particularly its handling of cryptocurrency withdrawals and trading.\u00a0<\/span><\/p>\n
Alleged Violations And Settlement Revealed<\/span><\/h2>\n