Robinhood's Crypto Arm Fined $30 Million by New York State Department of Financial Services

The New York State Department of Financial Services (NYDFS) has fined Robinhood's crypto arm, Robinhood Crypto, $30 million (roughly Rs. 230 crore) for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules, the regulator said on Tuesday.

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