Will America’s crypto frenzy end in disaster?
“Get your $TRUMP now," came the message from America’s president-elect three days before his inauguration. The commander-in-chief’s meme cryptocurrency, the...
FDIC
FDIC accused of omitting more crypto ‘pause letters’ in Coinbase-backed suit
Coinbase chief legal officer Paul Grewal accused the FDIC of playing “word games” after the agency said it only searched...
Coinbase Vows Legal Action as FDIC Faces Scrutiny Over Crypto
Coinbase has accused the Federal Deposit Insurance Corporation (FDIC) of blocking access to crucial documents tied to its Freedom of...
Cynthia Lummis Accuses FDIC of Destroying Operation Chokepoint 2.0 Records
Wyoming Senator Cynthia Lummis has issued a formal letter to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg, expressing concerns...
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 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...