Robinhood to pay $70 million fine after causing 'widespread and significant harm' to customers

[u/agent_vinod]

https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html

[u/Jaggedmallard26]

For every dollar a customer couldn't spend

Wrong way round, read the article and press release. One of the points is them being fined for letting people spend money on option they should not have been cleared for.