FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims
[ad_1] After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling...
Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz
[ad_1] Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by...
Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B
[ad_1] First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has...
FDIC auction for SVB assets said to be underway
[ad_1] An auction for the remaining assets of the failed Silicon Valley Bank is reportedly underway, with final bids due...
FTX’s money isn’t insured, FDIC says
[ad_1] The Federal Deposit Insurance Corporation (FDIC) slapped the Sam Bankman-Fried-owned cryptocurrency exchange FTX with a cease-and-desist order over “false...