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FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured

The agency issued a cease-and-desist letter on Wednesday.

Updated Feb 15, 2023, 7:32 p.m. Published Feb 15, 2023, 7:21 p.m.
(George Rose/Getty Images)
(George Rose/Getty Images)