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FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims

The five companies "made false representations" suggesting crypto products might be FDIC-insured.

Updated May 11, 2023, 5:09 p.m. Published Aug 19, 2022, 6:07 p.m.
FTX US President Brett Harrison (Danny Nelson/CoinDesk)
FTX US President Brett Harrison (Danny Nelson/CoinDesk)