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FTC to Adoption Intermediaries: Don’t Kid Around with Misleading Practices

The FTC sent warning letters to 31 companies offering adoption intermediary services, warning them that misleading, unfair, or deceptive practices that harm prospective adoptive or birth parents may violate the FTC Act and the Consumer Review Fairness Act (CRFA). The letters warn the adoption intermediaries—which serve as middlemen between adoptive and birth parents in private adoptions for…

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Robinhood Crypto Reaches Settlement with California AG

California AG Rob Bonta has reached a settlement with Robinhood Crypto, LLC (Robinhood) to resolve an investigation into allegations that the cryptocurrency trading platform violated the California Commodities Law by restricting customers’ ability to withdraw cryptocurrency from their accounts and failing to fully disclose details of its trading and order handling agreements.

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Utah AG Secures $42.5 Million Judgment in Real Estate Investment Fraud Case

Utah AG Sean Reyes has secured a $42.5 million judgment against Real Estate Workshop and associated individuals and entities (collectively, “REW”) for their involvement in an alleged real estate investment fraud scheme that violated Utah’s Consumer Sales Practices Act (CSPA), Business Opportunity Disclosure Act (BODA), and Telephone Fraud Prevention Act (TFPA). According to the Utah…

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