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Cryptopolitan 2023-08-06 08:50:11

FDIC Issues Cease-and-Desist Notice to Defunct Crypto Firm Unbanked, Inc.

The U.S. Federal Deposit Insurance Corporation (FDIC) has issued a cease-and-desist notice to Unbanked, Inc., a Georgia-based technology company that shuttered its operations in June. The FDIC alleges that the crypto firm made false and misleading claims about its insurance status, even after it had announced the cessation of its operations. Unbanked’s Misleading Claims About ... Read more

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