FTX Is Spreading False Statements About Crypto Products, FDIC Says

FTX Is Spreading False Statements About Crypto Products, FDIC Says


Bitcoinist
2022-08-20 16:10:17

FTX US received a cease-and-desist warning from the United States Federal Deposit Insurance Corporation on Friday, telling the crypto exchange to stop issuing “false” statements and “misleading” consumers about the insurance status of their products. Four other crypto companies were given the warning by the FDIC. These are: SmartAsset.com, Cryptonews.com, Cryptosec.info, and FDICCrypto.com. The regulator claims […]