Robinhood’s crypto arm fined $30 mln by New York State’s financial regulator

New York State’s financial regulator has fined the crypto arm of Robinhood Markets Inc (HOOD.O) $30 million for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules. The New York State Department of Financial Services (NYDFS) said on Tuesday that Robinhood Crypto did not devote sufficient resources to address compliance and cybersecurity risks. The online […]

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