The Federal Deposit Insurance Corporation issued cease-and-desist letters to five cryptocurrency companies, including FTX US, the American division of CEO Sam Bankman-FTX Fried’s bitcoin exchange. Additionally, cease and desist letters were delivered to SmartAsset.com, Cryptonews.com, and Cryptosec.info on Friday, the organization claims in reaction to their “false statements” that their items were FDIC-insured. The businesses […]Read full post FDIC Issues Cease-and-Desist Order to FTX US on Chaintimes.com.
