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 Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets April 20, 2022 FTX Seeks to Raise More Funds, Targets Flat Valuation From January (Report) July 20, 2022 Deutsche Bank to Exit Russia, Says There Will Be No New Business There March 13, 2022