Robinhood also reached a $7.5 million agreement with Massachusetts regulators in January to settle claims that its platform “gamified” trading, potentially harming consumers.
Looking forward, the company plans to finalize a $200 million acquisition of cryptocurrency exchange Bitstamp by June 2025.
Robinhood $3.9M Deal : Representation in the Case
The state of California is represented by Kenny V. Nguyen of the California Department of Justice Office of the Attorney General, while Robinhood is represented in-house by Lucas Moskowitz.
