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Florida Attorney General James Uthmeier has launched an investigation into Robinhood over allegations that the retail trading giant falsely promotes its crypto platform as the least expensive way to purchase digital assets.
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Florida Attorney General James Uthmeier said Thursday that his office has submitted a subpoena to “uncover internal documents” belonging to Robinhood Crypto, LLC, after alleging that the company misled its customers by promoting itself as the “least expensive” way to purchase cryptocurrency.
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Florida’s Attorney General has launched an investigation into Robinhood, alleging it misled users with claims of the lowest crypto trading costs on average in the US.
Florida's Key West voted to reinstate its immigration agreement with ICE just one week after ending it, following threats of penalties from Governor DeSantis's administration.
Plaintiffs in the age verification lawsuit said that the law violated the First Amendment, the U.S. Constitution's Commerce Clause and federal law. Florida wasn't alone in facing litigation for this type of law, since Free Speech Coalition also filed challenges in states including Tennessee, Louisiana, Utah, Indiana, Montana.
The latest vote comes after Attorney General James Uthmeier sent a letter to the city demanding commissioners reverse their decision or face removal from office.