OKCoin Accused by FDIC of Making False Claims About Customer Protections

2023-6-16 05:58

OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims.

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claims okcoin false making fdic corp insurance

Источник: coindesk.com

claims okcoin → Результатов: 3


FDIC orders OKCoin to correct misleading insurance claims

The U. S. Federal Deposit Insurance Corp. (FDIC) has issued a cease and desist letter to OKCoin, warning the exchange about misleading statements regarding its insurance status. In a  June 15 letter, the FDIC alleged that the exchange and its senior executives made false representations stating or suggesting that certain crypto-related products were FDIC-insured.

2023-6-16 11:30


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