Federal Reserve issues enforcement action against FTX-linked US bank

Permalink Report to webmaster

Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022.

Source: Cointelegraph.com News

#Regulation, #Ftx, #UnitedStates, #FederalReserve, #Banks