desist Archives - Rvpg media

US agency hits 5 crypto firms with cease and desist over ‘false’ claims

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

FTX US among 5 companies to receive cease and desist letters from FDIC

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