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FDIC Orders FTX US, 4 Other Companies to Cease and Desist 'Misleading' Consumers

source-logo  coindesk.com  + 20 more 19 August 2022 20:45, UTC
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The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the deposit insurance provider.

This is a developing story and will be updated.

coindesk.com

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