In one instance, a company offering a so-called cryptocurrency registered a domain name that implies affiliation with or endorsement by the FDIC.

The FDIC provided the following examples of Cryptonews misinformation:

"Coinbase is one of the few exchanges that is regulated and insured by the FDIC."

"Coinbase is an FDIC-insured exchange, which means that all funds held online (the remaining 2% are safe from theft."

"Etoro's US users will be relieved to know that their cash funds up to USD 250,000 are FDIC-insured, which means you will receive your funds even if eToro fails.

"Gemini is billed as "one of the largest regulated crypto exchanges, with FDIC insurance for USD deposits, a user-friendly platform, and zero publicly known large-scale hacks."

"Coinbase is an FDIC-insured exchange, which means that all funds held online (the remaining 2% are safe from theft."

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