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 11% of US insurers invest — or are interested in investing — in crypto June 2, 2022 S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics May 10, 2023 Celsius CEO Refutes Allegations of Uncomplying With US State Laws September 19, 2021