World News
FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims on October 12, 2023 at 7:12 pm
After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on Thursday that it’s suing Voyager’s former CEO, Stephen Ehrlich, for falsely claiming that users’ accounts were FDIC insured. When a bank or financial service is FDIC insured, […]
After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on Thursday that it’s suing Voyager’s former CEO, Stephen Ehrlich, for falsely claiming that users’ accounts were FDIC insured. When a bank or financial service is FDIC insured,