Crypto laid bare: What U.S. federal charges against Binance’s CEO expose about the industry’s deceit
Open this photo in gallery:Binance founder and CEO Changpeng Zhao, right, leaves federal court in Seattle on Nov. 21 after...
FDIC
FDIC lacks ‘clear procedures’ for crypto-related risks, report says
The Office of the Inspector General of the Federal Deposit Insurance Corporation released a report on the FDIC’s crypto risk...
FDIC Inspector General finds glaring gaps in its crypto oversight efforts
A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps...
FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims
After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’...
FDIC says more than 85 businesses are lying about being insured
In its latest risk review, the Federal Deposit Insurance Corporation has doubled down on its crypto warnings. Digital assets pose...
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a...
Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens
The ongoing crisis surrounding the U.S. banking system struck again as Heartland Tri-State Bank of Elkhart was closed on July...
FDIC Targets Crypto Exchange OKCoin Over ‘False’ Insurance Assertions
The U.S. banking regulator, the Federal Deposit Insurance Corporation (FDIC), has issued a stern warning to cryptocurrency exchange OKCoin over...
FDIC warns OKCoin about deceiving customers with protection claims
The Federal Deposit Insurance Corporation (FDIC) slammed crypto exchange OKCoin with a demand to halt misleading claims about being insured....
Crypto and Fiat Stored on Apps Might Not Be Insured by The FDIC
In a report recently published by the Consumer Financial Protection Bureau (CFPB) of America, regulators warn that crypto and fiat...
