Press Release: FDIC Demands Three Companies Cease Making False or Misleading Representations about Deposit Insurance

PRESS RELEASE | MARCH 19, 2024 FDIC Demands Three Companies Cease Making False or Misleading Representations aboutDeposit Insurance WASHINGTON The Federal Deposit Insurance Corporation (FDIC) issued letters demanding three companies and certain associated parties cease and desist from making false and misleading statements about FDIC deposit insurance. The FDIC is demanding that PrizePool, Inc. (...