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FTC sues bankrupt crypto company Voyager's CEO over false FDIC insurance claims - Vimarsana News

FTC sues bankrupt crypto company Voyager's CEO over false FDIC insurance claims

After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers' assets. When a bank or financial service is FDIC insured, that means that a customers' funds will be protected even if the bank fails. While Voyager promised customers this vital protection, these claims weren't true, as the FDIC doesn't insure crypto assets at all.

Source: yahoo.com
Why the CFTC Sued the Former CEO of Crypto Lender Voyager - Vimarsana News

Why the CFTC Sued the Former CEO of Crypto Lender Voyager

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Stephen Ehrlich, the co-founder and former CEO of crypto lender Voyager Digital…

Source: biztoc.com
JUST IN: CFTC Sues Voyager Founder Stephen Ehrlich - Vimarsana News

JUST IN: CFTC Sues Voyager Founder Stephen Ehrlich

According to Bloomberg, the US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Stephen Ehrlich, co-founder and former CEO of Voyager…

Source: biztoc.com
CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims - Vimarsana News

CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims

Voyager Digital filed for bankruptcy in July 2022 amid the crypto market downturn, but U.S. regulators have still charged the platform and former CEO with defrauding users.

Ex-Voyager CEO Sued By CFTC and FTC for Misleading Customers - Vimarsana News

Ex-Voyager CEO Sued By CFTC and FTC for Misleading Customers

Stephen Ehrlich—former CEO of defunct crypto lender Voyager Digital—was slapped with a lawsuit by the Commodities and Futures Trading Commission (CFTC) on…

Source: biztoc.com