In July of 2022, the Federal Deposit Insurance Corporation (FDIC) issued warnings to crypto exchanges and crypto news sites for describing crypto exchanges as “FDIC-insured” that were not.
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Binance Somehow Avoided FDIC Censure
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In July of 2022, the Federal Deposit Insurance Corporation (FDIC) issued warnings to crypto exchanges and crypto news sites for describing crypto exchanges as “FDIC-insured” that were not.