Just two weeks ago they had the following in a blog post: > This is also a good time to remind everyone that USD is held by our banking partner, Metropolitan C

Just two weeks ago they had the following in a blog post: > This is also a good time to remind everyone that USD is held by our banking partner, Metropolitan Commercial Bank, which is FDIC insured. The cash you hold with Voyager is protected up to $250,000–which means it’s as safe with us as at a bank. They also said: > Through our strategic relationships with our banking partners, all customers’ USD held with Voyager is now FDIC insured. That means that in the rare event your USD funds are compromised due to the company or our banking partner’s failure, you are guaranteed a full reimbursement (up to $250,000). The "That means that in the rare event your USD funds are compromised due to the company" is what is confusing people.