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A comment on Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000. Parent comment

Re:Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000 by jandrese on Friday December 22, 2017 @11:03PM (#15992849)
There is no FDIC for Bitcoin exchanges. Also a distressingly large percentage of the exchanges to date have been either fraudulently or incompetently run and lost the user's bitcoibs and/or fiat money.

Nobody would use banks if 4 out of 5 were completely cleaned out by crooks and went out of business.

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Re:Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000 by solotronics on Saturday December 23, 2017 @01:31AM (#15993190)
yes there is. Gemini is FDIC insured for dollar deposits https://gemini24.zendesk.com/hc/en-us/articles/205823016-Are...
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