Alameda Research-Connected Bank Exits Crypto Business

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Tiny Farmington State Bank - in which Alameda Research had invested $11.5M - is getting out of the crypto business. SteveAlpher reports

The bank, which is based in Farmington, Wash., a tiny town in the eastern part of the state, is dropping the Moonstone Bank brand and will do business as Farmington State Bank instead.

Eyebrows were raised after the collapse of FTX when court documents showed the crypto exchange's sister company Alameda Research purchased an $11.5 million stake in Farmington State Bank last January. It was a sizable amount,, given that Farmington generally had only about $10 million in assets over the last decade.

Farmington was owned through a holding company by French banking executive Jean Chalopin. Chalopin is the chairman of Bahamas-based Deltec Bank & Trust, whose parent company, Deltec International Group,

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 291. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

SteveAlpher Interesting news, it's a big reminder that HODLing is the way to go and don't FOMO on bad investments. BitcoinRevolution

SteveAlpher

SteveAlpher Why are they running?

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Vista Bank to acquire Charis Bank - Dallas Business JournalFollowing the acquisition, Vista Bank will have more than $1.7 billion in assets and about 200 employees.
출처: DallasBizNews - 🏆 525. / 51 더 많은 것을 읽으십시오 »