Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Photo: Oliver Doulier (fake images) robinhood, the self-proclaimed ‘Democratized Finance’ Application accused to mislead and defraud retail investors will have to shell out another $30 million to appease regulators. That brings the company’s overall regulatory penalty and liquidation tab well above $100 million. in a presentation On Tuesday, the New York State Department of Financial …

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