Robinhood's Updated Terms Of Service
I asked chat GPT for a quick rundown Here’s a summary of the most important points from the Robinhood Crypto Customer Agreement (as revised June 30, 2025) that you should be aware of: 🚨 Key Warnings and Disclaimers No FDIC or SIPC protection : Your crypto holdings on Robinhood Crypto (RHC) are not insured. If Robinhood goes bankrupt, you may lose your funds. Robinhood Crypto is NOT a broker-dealer : It is separate from Robinhood Financial (stocks/options). Use at your own risk : RHC provides no investment advice , no trading guarantees , and assumes no responsibility for your decisions. 🔐 Account Rules & Risks Self-directed account : You bear all responsibility for trades, transfers, and security. Account closure : If you want to close your account, it must have a zero balance —any dust (tiny crypto balance) may be forfeited. Suspension rights : RHC can freeze or suspend your account at any time (e.g., for AML concerns, inactivity, suspicious acti...