US Fed, FDIC accuse Voyager Digital of 'false and misleading' insurance claims

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ICYMI: US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims

The letter demands “that the crypto brokerage firm Voyager Digital cease and desist from making false and misleading statements regarding its FDIC deposit insurance status and take immediate action to correct any such prior statements,” per a press statement.

 

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Fed demands Voyager remove 'false' claims deposits are FDIC insuredThe Federal Reserve and Federal Deposit Insurance Corporation (FDIC) issued crypto lender Voyager Digital with a cease-and-desist letter claiming that Voyager intentionally misled customers into believing their funds were insured by the FDIC.
Source: Cointelegraph - 🏆 562. / 51 Read more »