#TradingStrategyMistakes Florida Attorney General James Uthmeier has launched an investigation into Robinhood Crypto, alleging that the popular trading platform has misled customers by falsely promoting it as the cheapest way to purchase digital assets.

"Robinhood has long claimed to be the most affordable, but we believe those claims are misleading," Attorney General James Uthmeier said in a statement on Wednesday.

The office has issued a subpoena for internal documents, alleging that Robinhood Crypto is violating Florida's Unfair and Deceptive Trade Practices Act by making potentially false cost representations to consumers.