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FL AG Investigates Robinhood Crypto Over Deceptive Trading Cost Claims

Robinhood Crypto, LLC.July 10, 2025Florida Attorney General

Summary

Florida Attorney General James Uthmeier launched an investigation into Robinhood Crypto, LLC for allegedly deceptive practices regarding trading costs. The AG issued a subpoena seeking internal documents to determine if Robinhood violated Florida's Deceptive and Unfair Practices Act by falsely claiming to offer the lowest crypto trading costs. Robinhood must respond by July 31, 2025.

Laws Cited

Florida’s Deceptive and Unfair Practices Act

Violation Types

Entity Details

Entity

Robinhood Crypto, LLC.

Also known as: Robinhood

Industry

Financial Services

Official Sources

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