Voyager Ordered To Stop Lying in 2 Days | Crypto Turmoil Weekend OutlookJul 29, 2022
It’s been 20 days since an investigation was launched into crypto lender Voyager Digital’s marketing of its deposit accounts to users. In a statement on Thursday, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board said they jointly issued a letter to Voyager requesting it cease making false and misleading statements relating to its FDIC deposit insurance status. Voyager and certain employees stand accused by the agencies of having made false representations online, including its website, mobile app and social media accounts. On this episode, we're rounding up the latest Voyager, Celsius, and Stablecoin drama that continues to ravage the crypto markets.
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