<ul data-eligibleForWebStory="false"><li>Robinhood is under investigation in Florida for claiming to offer crypto trading at the lowest cost.</li><li>The state prosecutor alleges that Robinhood's crypto unit falsely promoted itself as the least expensive way to purchase crypto.</li><li>The investigation is focused on Robinhood's payment-for-order-flow model, with claims that trading on Robinhood may be more expensive than on other platforms due to this structure.</li><li>Revenue from crypto has become significant for Robinhood, overtaking earnings from options trading, but the company is considering reducing its dependence on crypto as trading volumes fluctuate.</li></ul>

Robinhood Offers Crypto Trading “at the Lowest Cost,” but Is It False Advertising?

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