FTX US among 5 companies to receive cease and desist letters from FDIC - Cointelegraph

The agency has warned FTX US and other companies not to make false or misleading statements about crypto accounts having FDIC insurance.

The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. … [+1899 chars]

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