Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16809988" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3875140-fdic-orders-crypto-exchange-ftx-to-address-false-and-misleading-claims?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">FDIC orders crypto exchange FTX to address 'false and misleading' claims</a></h3><p>Aug. 19, 2022 3:07 PM ET<a href="https://seekingalpha.com/news/3875140-fdic-orders-crypto-exchange-ftx-to-address-false-and-misleading-claims?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments" target="_blank">1 Comment</a></p><p></p><ul> <li data-xf-list-type="ul">The Federal Deposit Insurance Corporation has ordered FTX, the cryptocurrency exchange owned by billionaire investor Sam Bankman-Fried, to address its "false and misleading" statements about its funds being FDIC-insured.</li> <li data-xf-list-type="ul">The government agency specifically pointed to FTX President Brett Harrison's Twitter post on July 20, saying "direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the users' names," and "stocks are held in FDIC-insured and SIPC-insured brokerage account."</li> <li data-xf-list-type="ul">Meanwhile, FTX US, the American division of FTX, is not insured by the FDIC, the FDIC doesn't insure any brokerage accounts and FDIC insurance doesn't cover stocks or crypto, the banking regulator wrote in a <a href="https://www.fdic.gov/news/press-releases/2022/ftx-harrison-letter.pdf" target="_blank">letter</a> to FTX.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16809988, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3875140-fdic-orders-crypto-exchange-ftx-to-address-false-and-misleading-claims?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']FDIC orders crypto exchange FTX to address 'false and misleading' claims[/URL][/HEADING] Aug. 19, 2022 3:07 PM ET[URL='https://seekingalpha.com/news/3875140-fdic-orders-crypto-exchange-ftx-to-address-false-and-misleading-claims?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments']1 Comment[/URL] [LIST] [*]The Federal Deposit Insurance Corporation has ordered FTX, the cryptocurrency exchange owned by billionaire investor Sam Bankman-Fried, to address its "false and misleading" statements about its funds being FDIC-insured. [*]The government agency specifically pointed to FTX President Brett Harrison's Twitter post on July 20, saying "direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the users' names," and "stocks are held in FDIC-insured and SIPC-insured brokerage account." [*]Meanwhile, FTX US, the American division of FTX, is not insured by the FDIC, the FDIC doesn't insure any brokerage accounts and FDIC insurance doesn't cover stocks or crypto, the banking regulator wrote in a [URL='https://www.fdic.gov/news/press-releases/2022/ftx-harrison-letter.pdf']letter[/URL] to FTX. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
Top