The U.S. Federal Trade Commission (FTC) announced on Oct. 12 that it has reached a settlement with the failed crypto lending company Voyager Digital. The FTC complained that Voyager falsely advertised U.S. dollar holdings as FDIC-insured, promised customers that their deposits were held safely, and offered incentives for converting crypto to USDC. However, Voyager’s customers […]
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Voyager settles with FTC for $1.65B while CFTC charges former CEO with fraud