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Jeffrey Glusman’s comments follow the Bermuda Monetary Authority’s public warning about the company

Decision comes as the American regulator forms a task force dedicated to helping to develop a framework for cryptoassets

Jeffrey Glusman is the chief executive of the cryptocurrency insurer Blockchain Deposit Insurance Corporation

The fake X account was removed after David Burt and others reported the ruse

The provider of specialised insurance products tailored to the digital asset economy has a licence-holding subsidiary in Bermuda

The cryptocurrency insurer is designed to protect digital currency wallet holders from exchange failures and cyber exploits

Blockchain Deposit Insurance Corporation is the international entity of a Palm Beach, Florida-based organisation

The inaugural conference will focus on blockchain adoption and decentralised artificial intelligence

Pioneering Bermudian-based specialty carrier has launched Faltaweb3

Personal finance writer Carla Seeley considers the differences between traditional and digital forms of money

Company owners and former executives seek judicial review and liquidators challenge lacking in DABA appeal process

Board member is the founder and chief executive of a Bermudian-based blockchain incubator