The agency cited three examples of “false and misleading statements,” including a mention on its website that the HASH Provenance Blockchain token on OKCoin “has received broad regulatory approval from the SEC, OCC, FED and FDIC” and 2020. by publication on the company’s website, where it advertised itself as “licensed in the US with FDIC insurance on OKCoin accounts”. He also quoted a company official as saying on Twitter that “if you’re in the US, we offer FDIC insurance for USD deposits.”

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