Not All Crypto Bros / Esmé von Hoffman
This Is Hell!
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Is the FDIC Not Alerting FTX US?
The FDIC knew that FTX US was falsely publicizing that it was FDIC insured in ways that were likely to mislead or potentially harm customers. The agency didn't alert or require FTX US to notify anyone who might have already been misled into investing in the exchange. Anthony Gronick says regulators need to take action to ensure what happened at FTX doesn't happen again and he is still hopeful that maybe they will recover his money.
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