Industry News: Cyber

Robinhood’s Crypto Unit Faces $10M Penalty Over Money Laundering Violations

Written by Cybersecurity | Jul 9, 2021 6:04:44 PM

2021-07-07

CoinGape: “Robinhood Crypto” the cryptocurrency brokerage unit of trading app Robinhood is facing a $10 Million penalty by New York regulators. Robinhood Crypto is penalized for allegedly violating state rules on cybersecurity and anti-money laundering.

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