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Is FTX 'false and misleading'?

WASHINGTON (Reuters) -A U.S. bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company are insured by the government.

Did FTX miss the value of its Crypto holdings?

FTX's new CEO John Ray III has said the exchange misstated the overall value of its crypto holdings, while a Reuters investigation into rival exchange Binance showed most of its balance sheet remains hidden from public view.

What's behind the FTX US cease-and-desist order?

Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more. The U.S. Federal Deposit Insurance Corp. (FDIC) published five cease-and-desist orders Friday, including one to crypto exchange FTX US, alleging they mislead investors by suggesting their accounts are insured through the government agency.

Is bitpanda a sign of the collapse of ftx?

All eyes are currently on the collapse of FTXin the crypto industry. That’s why today’s news from Bitpandais an important signal for the Austrian unicorn company. Bitpanda has received a crypto license from Germany’s financial regulator (BaFin).

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