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The Daily Hodl 2022-07-29 19:55:58

Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC

The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, the two regulators claim Voyager violated section 18(a)(4) of the Federal Deposit Insurance Act. “Section 18(a)(4) of the Federal Deposit Insurance Act (‘FDI Act’), 12 U.S.C. […]The post Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC appeared first on The Daily Hodl.

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