The Federal Deposit Insurance Corporation in the US has issued a warning to five crypto money platforms, including FTX.US.
In addition to FTX.US, Cryptonews.com, Cryptosec.info, SmartAsset.com and FDICCrypto.com are among the names that the Federal Deposit Insurance Agency has issued a warning.
According to the statement made by the FDIC, the reason for the warning is that these institutions for making “false and misleading statements” originates. The FDIC statement stated:
“Under the Federal Deposit Insurance Act, implying that uninsured products are insured by the FDIC or giving false information about the coverage of this insurance is prohibited. Again, in line with this law, it is prohibited for companies to include the FDIC name under their own names and their products to be covered by FDIC insurance.”
The notice sent by the Federal Legislation Insurance Agency to FTX.US is based on a statement made by the stock exchange’s manager, Brett Harrison. In a statement he made on social media, Harrison said that the money sent to FTX is kept in accounts covered by FDIC insurance.
Federal Regulatory Insurance Agency, FTX.US’s statements to users that it is insured by the FDIC to withdraw demands. FTX.US has two weeks to comply with this request.