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Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations

Decrypt LogoDecrypt15h ago

Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations - Decrypt

Quick Summary:

The department's action against Robinhood marks the first such public instance by the regulator against a crypto firm, it said Wednesday.

Robinhood is a popular crypto and stock trading app.

In addition to its settlement requirements and changes to the way it handles users’ crypto, the platform must also now disclose any delayed settlements exceeding one week.


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Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations - Decrypt (Picture 1)

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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 07:13:48 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 22373181

View Article Analysis

About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 16 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations" has 415 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations" was covered 15 hours ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 3 news stories per day.

It's most recent story was published 16 hours ago.

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  • News ID: #22373181
  • URL: https://beamstart.com/news/robinhood-settles-with-california-for-172552427891

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