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Sunday, July 13, 2025

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Home
Cryptocurrency
- Bitcoin
- Ethereum
- XRP
- Litecoin
- Altcoin
- Cardano
- Tether
- DOGE
- Solano
- XLM
- DOT
- XDC
- SHIBA
- BNB
- Ape
- HBAR
- QNT
Blockchain
Regulation
Market
Live
- Prices
- ICO
Meta
- NFT
Technical Analysis
- XRP
- BTC
- XLM
- ADA
- TETHER
- ETC
- ETH
- DOGE
- LTC
Exchange
Mining

No Result

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Ledger Nano X - The secure hardware wallet

OKX-Affiliated OKCoin Accused by FDIC of Making False Claims About Customer Protections

16 June 2023

in Market

Reading Time: 1 mins read

OKX-Affiliated OKCoin Accused by FDIC of Making False Claims About Customer Protections

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The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a 2020 posting to the company’s website, where it advertised itself as “Licensed across the US with FDIC insurance on OKCoin accounts.” It also cited a company official’s Twitter post that “if you are in the US we offer FDIC insurance on USD deposits.”

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