Florida investigates Robinhood Crypto for the “deceptive” fee claim.

Robinhood Crypto LLC is investigated by the Attorney General Florida, blaming customers who are misleading for the platform cost.

According to July 10 name The claim that Robinhood’s argument is “the cheapest way to buy encryption” by the Attorney General’s office is “deceptive” and lacks practical evidence.

ROBINHOOD CRYPTO issued SuPOENA

As part of the survey, the trading company faced a summoning center by a lawyer who requires all marketing materials and internal documents related to the company’s password service and commission structure.

Attorney General James Uthmeier said in a statement that Crypto was “an important factor in the financial future of Florida,” and that Robinhood was accused of breaking the unfair and unfair practices.

UTHMEIER added, “When a consumer buys and sells encryption assets, transactions need transparency.”

Lucas Moskowitz, a legal advisor to Robinhood, responded to the investigation by saying that the company’s release is “the best in its class.”

Probe analyzes whether the trading system of Robinhood has a negative impact on the trader.

This survey will investigate how Robinhood’s trading system interacts with a third -party service provider.

ROBINHOOD pays a chance to fulfill the deal to the next company where you can make money by sending a customer’s deal to a third -party company. This system is called a payment for an order flow.

Baro: IDA Florida AG investigates Robinhood $ Hood.

Robinhood argues that it uses deceptive practices for payment of encryption trading promotions and order flow (PFOF.). pic.twitter.com/6p8IXSFP4Z

-Luxalgo (@luxalgo) July 10, 2025

By using this system, ROBINHOOD allows customers to trade without claiming commissions because they generate profits from paid third parties.

Through the investigation, the Lawyer of Florida will investigate whether the Robinhood system does not actually commission and the platform user does not have hidden costs.

This survey occurs after Robinhood ‘S Shares (HOOD) increased by more than 4%to $ 98.70 yesterday. In over time, the hood fell almost 1% from 3:30 am. According to Yahoo finance.

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