Crypto Fraud Jury Convicts Brent Kovar in $24M Scheme
Four hundred investors were sold 15-30% returns and FDIC insurance that never existed. The verdict gives federal prosecutors a clean template for the next AI-mining scheme that walks in the door.
Every Zipp story tagged #FDIC, newest first.
Four hundred investors were sold 15-30% returns and FDIC insurance that never existed. The verdict gives federal prosecutors a clean template for the next AI-mining scheme that walks in the door.
The OCC freeze had locked crypto-native custodians like Anchorage and Paxos out of full federal banking status for three years.
Revolut's newly licensed US bank is set to offer stablecoin services alongside traditional FDIC-insured deposit…