Anti-Financial Crime & Financial Crime Compliance
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Crypto giant Robinhood expects to pay in excess of $10 Million for AML and cybersecurity failures

By Elizabeth Hearst for AMLi US Investment firm Robinhood Markets Inc. expects to pay in excess of $10 Million for allegedly violating New York state regulations on cybersecurity and anti-money laundering practices.  In a filing, the crypto unit – Robinhood Crypto LLC, stated it had reached a multi-million dollar settlement in principle with the New…

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