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U.S. regulators order Voyager Digital to stop 'false and misleading' deposit insurance claims

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by COINS NEWS 150 Views

tldr; US banking regulators have ordered crypto firm Voyager Digital to cease and desist from making "false and misleading" claims regarding deposit insurance protection for customers. The Federal Reserve and the Federal Deposit Insurance Corp sent a letter to the firm on Thursday, stating they believed that Voyager had misled customers by claiming their funds with the company would be covered by FDIC.

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