[UkrainianJew]

>So does that mean anyone with less than $250k is guaranteed their money? Is there any legal backing?

No, it means that up to $250K of Voyager's USD is protected by FDIC in case their bank flops. That is the combined limit shared between ALL of Voyager's customers.

It doesn't protect from Voyager telling you that they sold your 1 BTC for $20K USD as you requested, while actually still sitting on 1 BTC, hoping to sell it tomorrow for $30K and pocket the $10K difference.

Similar to "not your keys - not your bitcoins", no written agreement with a regulated bank - not your dollars.