Robinhood struck with the second investigation of the marketing of misleading encryption star-news.press/wp

The trading platform faces the escalating organizational pressure, as it falls under the microscope from another monitoring just days after a separate achievement.

According to Thursday press releaseFlorida’s Prosecutor’s Office launched an investigation into the coded currency in Robinhood.

Certainly, the company is allegations that the company has used deceptive marketing tactics to mislead users about trading costs, “falsely enhance” its trading platform as “the lowest way to purchase encryption”.

The authorities have highlighted the Robinhood arrangement model (PFOF). Instead of imposing fees on trading fees for users, Robinhood directs requests to third -party market makers, who pay the platform to fill these deals.

Although this model allows commission -free trading on the surface, the AG office argues that it may lead to lower conversion prices for customers, which makes it more expensive than competing platforms that offer comprehensive prices.

“Robenol has long claimed that he was the best deal, but we believe that these offers were deceptive,” Public Prosecutor James Othiar said in the statement.

UTHMEIER also pointed out that “Crypto is a vital in the financial future of Florida”, and it prolongs the implementation as alignment with President Trump’s broader batch of progress in the US encryption market.

As part of the investigation, the AG office issued a summons calling for theft on the delivery of marketing materials, internal communications, pricing data, user disclosure and employee records related to encryption operations in Florida. The company has until July 31 to comply.

The last case is the second main organizational challenge of the RobinHood Current Unit for more than a week. Earlier, on July 7, 2025, the European authorities launched a separate investigation into Robinhood’s distinctive stock offers after a violent reaction from companies such as Openai, which was deprived of delegating their shares across the platform.

Vlad Tenev, CEO of Robinhood, defended the distinctive symbol model, saying that he opens access to private stock markets and attracts attention from more companies. TENEV also described compliance practices of the company, pointing to continuous talks with organizers in the United States and other markets as the company is looking to expand the scope of access to its new offers.

However, with the rotation they are now, Robinhood faces the scrutiny that might hold its expansion plans.