Federal Trade Commission Archives

FTC Reaches Settlement with Crypto Company Voyager Digital; Charges Former Executive with Falsely Claiming Consumers’ Deposits Were Insured by FDIC

By Saskia Kennedy on October 12, 2023

The complaint charges Voyager and CEO Stephen Ehrlich misled consumers who lost more than $1 billion in cryptocurrency after the company’s collapse. The Federal Trade Commission announced a settlement with bankrupt crypto […]

Federal Trade Commission Action Leads U.S. Dept. of Education to Forgive Nearly $37 Million in Loans for Students Deceived by University of Phoenix

By FTC on September 20, 2023

FTC charged that for-profit universities falsely touted relationships and job opportunities with top companies The Federal Trade Commission (FTC) announced today that its enforcement action against the University of Phoenix continues to […]