Tag: Deposit insurance

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FDIC Issues Cease and Desist Letters to Five Companies For Making Crypto-Related False or Misleading Representations about Deposit Insurance

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the staff of the Ridgewood blog

Washington DC, the Federal Deposit Insurance Corporation (FDIC) today issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or misleading statements.

Continue reading FDIC Issues Cease and Desist Letters to Five Companies For Making Crypto-Related False or Misleading Representations about Deposit Insurance

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FDIC : Deposit Insurance does not Apply upon the Failure of a Non-bank, such as a Crypto Company

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the staff of the Ridgewood blog

Washington DC, the Federal Deposit Insurance Corporation (FDIC) today published the Fact Sheet: What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies.

Continue reading FDIC : Deposit Insurance does not Apply upon the Failure of a Non-bank, such as a Crypto Company