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Florida AG Turns Up Heat on Robinhood—Alleges ‘Deceptive’ Crypto Pricing Tactics

Florida AG Turns Up Heat on Robinhood—Alleges ‘Deceptive’ Crypto Pricing Tactics

Author:
Coindesk
Published:
2025-07-11 14:56:13
20
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Robinhood Probed by Florida AG’s Office Over Allegedly ‘Deceptive’ Crypto Pricing Claims

Robinhood’s ‘free trading’ slogan faces scrutiny as Florida investigators dig into alleged crypto price manipulation. The zero-commission platform now battles accusations of playing fast and loose with retail investors’ trust.

Subheader: When ‘Free’ Comes With Hidden Costs

Florida’s Attorney General isn’t buying Robinhood’s crypto pricing transparency claims. Sources suggest the probe focuses on whether the platform quietly padded spreads—turning ‘commission-free’ trades into a sleight-of-hand revenue scheme.

Subheader: The Compliance Reckoning Continues

This marks the latest regulatory headache for the trading app that democratized finance (and occasionally, margin calls). After 2021’s GameStop debacle and multiple SEC fines, Robinhood’s compliance department must feel like a firefighter in a fireworks factory.

Closing Thought: In crypto, the only thing more volatile than prices? Brokerage ethics—especially when ‘disruptive fintech’ meets old-fashioned profit motives.

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