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Voyager Digital’s Clash With US Regulators Followed by Broader FDIC Warning

After directing the crypto-lending platform to cease and desist claims that its customers were shielded by deposit insurance, the agency is now telling everybody else what not to do.

By Jesse Hamilton

Updated May 11, 2023, 5:11 p.m. Published Jul 29, 2022, 4:04 p.m.

Right after Voyager CEO Stephen Ehrlich received a letter this week from U.S. regulators accusing his company of misleading customers, the FDIC issued a broader warning to banks to not let it happen again. (Joe Raedle/Getty Images)