Startup ecosystem in India has been hailed as the bright spot of Indian economy in this decade. Entrepreneurs of different walks of lives have not only made it big in the business world, but they also create lakhs of jobs in a job-starved Indian economy. During a black swan event like the Covid pandemic, when … Read more
San Francisco, Aug 20 (IANS): The US Federal Deposit Insurance Corporation (FDIC) has issued cease-and-desist letters to five crypto companies, including leading cryptocurrency exchange FTX, over “false and misleading statements”. Apart from FTX, Cryptonews.com, Cryptosec.info, SmartAsset.com, and FDICCrypto.com also received cease and desist letters on Friday, with the agency giving them 15 days to … Read more
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. FDIC issued a Friday press release disclosing cease and desist letters for cryptocurrency exchange FTX US and websites SmartAssets, FDICCrypto, Cryptonews and Cryptosec. The government agency alleges that these … Read more