FTX US among 5 companies to receive cease and desist letters from FDIC Post author:MiamiCrypto Post published:August 19, 2022 Post category:Banks / Insurance / United States The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance. You Might Also Like Texas Democratic Party aims to use NFT sales for fundraising efforts October 12, 2021 Silicon Valley Bank shut down by California regulator March 10, 2023 Treasury Secretary Nominee Discloses Up to $500K Stake in Bitcoin ETFs January 13, 2025