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FDIC Insurance Isn't What It Seems - Part 1Overall the FDIC report highlights the risks associated with crypto-assets including fraud, weak risk management, operational vulnerabilities. The U.S. Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank's crypto clients that they have until April 5 to. Know that crypto deposits are not FDIC insured, period. If something happens, the government may not have an obligation to step in and help get.
