Cryptocurrency news by Protos

The curious case of FTX and Farmington State Bank, aka Moonstone


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In bankruptcy filings, crypto exchange FTX revealed a curious connection to stablecoin Tether through a small bank in rural Washington. Farmington State Bank is in fact the 26th smallest bank in the US, out of over 4,700. Until this year, it employed three people.

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Cryptocurrency news by ProtosBy Protos