iopcoach.blogg.se - Crack status just cause 3

The FDIC would insure customers against the failure of Voyager itself.

Customers who deposited their money or crypto or whatever at Voyager would receive FDIC insurance coverage for all their funds.

“Voyager and certain officers and employees” made representations on its website, mobile app, and social media, “stating or suggesting that”:

The Federal Reserve and the FDIC today said that these false and misleading representations about FDIC insurance by Voyager “likely misled and were relied upon by customers who placed their funds with Voyager.” Voyager is part of the now collapsing Decentralized Finance (DeFi) creature that was supposed to supersede FDIC-member banks. Voyager Digital is or was a crypto platform, crypto lender, and crypto broker that lured customers into depositing their crypto and fiat there, and then on July 1 suspended all withdrawals and trading, and then on July 6 filed for bankruptcy, and whoever had any money, fiat, or crypto, or whatever on the platform, is now an unsecured creditor in a bankruptcy case, and they have no idea if they will ever get any of their money, fiat, or crypto back.

This evening, the Federal Reserve Board and the FDIC, as banking regulators, sent out a joint press release, advising the world that they sent a joint letter to Voyager Digital today, in which they demand that Voyager “cease and desist from making false and misleading statements regarding its FDIC deposit insurance status.” Bankrupt Voyager gets slapped with a cease-and-desist order from the Fed and the FDIC after it’s way too late.