FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance
FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance
TheBlock 2022-08-19 18:13:50
The Federal Deposit Insurance Corporation (FDIC) said Friday that it has sent cease-and-desist letters to five crypto companies, including FTX US, over alleged misrepresentations regarding deposit insurance.