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Florida Attorney Gestor James Uthmeier opened an investigated in Robinhood Crypto, alleging the platform may be mischievous customers for the marketing as the most economic way to buy digital assets.
In a statement Thursday, the office of General received a crypto unit of Ropodoado, looking for indoor documents, business materials. Probe is on purpose to determine if the violet company of Florida and ingious practice.
“When collumes purchase and sell encryption assets, they were transparencing in their transactions”: UthmeIier said. “Robin is long claimed to be the best deal, but we believe that these represents were deceived.”
The model of the robillo’s pattern
The robin allows users of cryptourrencent trade users and stocks without charging direct commissions. However, the company generate income through a process called payment for the order flow, or pff. Under this pattern, industry rourss between third-tagged mark, which pays the companies for opportunity to perform those trades.
Critics discusses PFOF can obscure true costs for customers, potentially resulted in worst prices. Although the legal and constructed filings has pulled the regulatory regulatory in the last few years, especially in the volatile markets.
The company-based company’s company is also in exterior pressure. First this week, Regulators EU Investigations launched in blockchain blockchain stock tokens“, That have become a source of controversy after Open the publicly disavow Each connection with the investment product launched on June 30.
In his ad, aging office has accused the company in the “falsely promoted”. It has adjusted that. It will have a response to 1, you will have the PFOF compresses or results in hidden fees for users.
Respond to the invent, the general board of the Lucas Moskowitz robbery repaintly He said the company clearly spilled the prices during each trade and shows users any diffusion or fees are applied. “We are proud to be a place where customers can market encryption to the lowest cost in media”, said.
The clothes did not return the CryPonews request for the comments for picture time.
According to regulatory files consisting of 15% -20 robe in 2023. While society is to trade and the distances have been with the potential for the end of the scenes at the end of
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