Florida probes Robinhood crypto over ‘deceptive’ cost claims

Florida probes Robinhood crypto over ‘deceptive’ cost claims

Florida’s Attorney General has launched a probe into Robinhood Crypto, alleging it misled users by claiming to offer the lowest trading costs. The AG argues that users may be paying more due to payment-for-order-flow practices, while Robinhood denies any wrongdoing. The investigation comes amid broader scrutiny, including over Robinhood's launch of tokenized shares like 'OpenAI tokens'.

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