Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank
The Federal Reserve terminated its enforcement action against Washington-based Farmington State Bank, previously known as Moonstone Bank and…
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Farmington State Bank
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Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research,…
Former FTX Banking Ally Charged by US Federal Reserve
The United States Federal Reserve has indicted Farmington State Bank, a former banking ally of the now-bankrupt FTX…
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more…
FTX, Tether’s Bahamas banker linked to questionable US bank purchase
FTX’s initial Bankruptcy Court hearing in Delaware raises questions about how SBF’s Alameda acquired an ownership stake in…