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FTC Investigating Crypto Firms Over Misleading Advertising: Bloomberg

The U.S. Federal Trade Commission is looking into several unnamed crypto firms over allegations of deceptive or misleading advertising, the agency told Boomberg News.

A spokesperson for the regulator confirmed it was investigating “possible misconduct concerning digital assets” but didn’t provide any further details.

Regulators have called for increased scrutiny of crypto companies in the wake of the collapse of the FTX exchange. 

(by Larry DiTore)

Crypto
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