CryptoNews

FTC Warns Consumers Crypto Deposits Are Not FDIC Insured – Regulation Bitcoin News

The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens, the government may not have an obligation to step in and help get your money back.” FTC’s Crypto Warning The U.S.
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