(Reuters) -Florida Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have misled customers by promoting itself as the least expensive way to buy cryptocurrencies.
The AG's office said in a statement that it issued a subpoena to the unit of Robinhood Markets to obtain internal documents as part of the probe into possible violations of Florida's Deceptive and Unfair Trade Practices Act.
