The Fed Board issued an enforcement action against 136-year-old Farmington State Bank, which has previously been associated with FTX founder Sam Bankman-Fried's Alameda Research.
FTX’s collapse revealed numerous skeletons in the closet of the company. One of the skeletons appeared to be U.S. Farmington State Bank, which FTX owned through a subsidiary.
For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered.
Fresh from launching a crypto custody platform in November, Germany's DZ Bank now
For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered.
Fresh from launching a crypto custody platform in November, Germany's DZ Bank now
The Fed Board issued an enforcement action against 136-year-old Farmington State Bank, which has previously been associated with FTX founder Sam Bankman-Fried's Alameda Research.
FTX’s collapse revealed numerous skeletons in the closet of the company. One of the skeletons appeared to be U.S. Farmington State Bank, which FTX owned through a subsidiary.
