The FDIC orders cryptocurrency exchange FTX to stop claiming its products are government-backed

[The Federal Deposit Insurance Corporation of the United States ordered the cryptocurrency exchange FTX to stop claiming that its products are guaranteed by the government] On August 20, the Federal Deposit Insurance Corporation of the United States ordered the cryptocurrency exchange FTX to stop claiming that its products were guaranteed by the government. (Golden Ten)

Other news:

News| The US federal court may produce the first case against the delayed delivery of Bitcoin mining machines: The lawsuit against the delayed delivery of Bitcoin mining machines in the US federal court is still under trial, and the plaintiff in this case, Columbia River The defendant in the Techs lawsuit, Blackhack, failed to deliver about $400,000 of mining equipment on time. The court rejected some of the plaintiff's claims, but maintained key claims including the defendant's attorney relationship to ensure the continuation of the case. The defendant, Blackhack, once stated that it did not directly sign a contract with the plaintiff. The plaintiff signed a contract to purchase mining machines through a company called Coin Miner, so it asked the judge to dismiss the lawsuit. The U.S. federal court said that Coin Miner has a principal-agent relationship with Blackhack, so Blackhack is related to the case, but will reject the plaintiff's claim that the defendant is an unjust gain. As for how to measure or define the loss caused by the delay and non-delivery of bitcoin mining machines, there is no precedent in the US courts, but the court in this case stated that it is too early to dismiss all the lawsuits. jurisprudence. [2019/10/7]

FedEx CEO comments on the blockchain: either layout or exit: On May 15, the chairman and CEO of the US logistics giant FedEx emphasized the important value of blockchain technology at the 2018 New York Consensus Conference, believing that it will be Future cutting-edge technology that changes the global supply chain system. He also said that it is either to catch up with the blockchain wave or be eliminated. [2018/5/16]

FBI: Consumers should pay close attention to scams posing as technical support staff of cryptocurrency exchanges: The Internet Crime Complaint Center (IC3) under the FBI said in a notice on Wednesday that consumers should pay close attention Would-be scammers pose as tech support staff at cryptocurrency exchanges. IC3 claims that such scams are problematic and widespread. Consumers filed about 11,000 related complaints in 2017 and claimed more than $11 million in damages, the center said. The FBI warns that losses to a single victim can run into the thousands of dollars. [2018/3/30]