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 US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure July 12, 2023 Insider Trading Scandal? 6 Wallets Made $1.2M on Iran Strike Bets February 28, 2026 Russian Sberbank plans to register its digital asset tool in September September 2, 2021