FDIC Cracks Down on False Deposit Insurance Advertising
The FDIC has ordered a cease and desist regarding two companies, CEX.IO Corp and Zera Financial, who are making false and misleading statements about FDIC deposit insurance. Additionally, the FDIC sent two letters to Captainaltcoin.com and Banklesstimes.com regarding their improper usage of FDIC insurance regarding CEX.IO's crypto currency. [2/16/23]