NYDFS Has Assessed a $30M Charge Against Robinhood’s Crypto Division

The New York Department of Financial Services, often known as the NYDFS, has stated that it will levy a fine of $30 million against the cryptocurrency trading division of Robinhood for suspected violations of laws about consumer protection, anti-money laundering, and cybersecurity. In an announcement made on Tuesday, the superintendent of the New York Department … Read more