[Liz]

NOTE WELL.........Tens of billions of U.S. dollars have been funneled to Ukraine, laundered through FTX; the laundered money now in the form of FTX cryptocurrency was funneled back to Dems..........

Biden was a fully engaged participant with Zelensky.

The latter setting the price......the former blithely sending billions Zelensky asked for.

[FatherofFive]

“Maybe there still is a chance to save the company. I believe that there are billions of dollars of genuine interest from new investors that could go to making customers whole.

I'd like to meet a few of these potential investors at a poker table

[Chode]

laundromat...

[ConservativeMind]

Banks that small don’t even have an official IT person—it’s farmed out to some local computer store.

[PeterPrinciple]

The bank trademarked the name Moonstone Bank on March 1, 2022 and changed to that brand three days later. Come March 7, Alameda invested $11.5 million into the newly-named bank.

Chalopin explained that the name was inspired by the startup bank’s two asset classes: “playing on ‘to the moon’ and ‘stone’ for our target industries of digital assets and hemp/cannabis related business.”

---

\And there it is, mooonstone bank.

[PGR88]

He also clarified prior reports saying that the bank had not been a Federal Reserve account holder until last year,

This seems important. So FTX bank could access the Federal Reserve discount window, potentially be a primary dealer, be able to directly access QE and maybe bail-out money, without worrying about Fed.gov?

[PeterPrinciple]

“Maybe there still is a chance to save the company. I believe that there are billions of dollars of genuine interest from new investors that could go to making customers whole.

---

There is always hope......................./s

[PeterPrinciple]

two asset classes: “playing on ‘to the moon’ and ‘stone’ for our target industries of digital assets and hemp/cannabis related business.”

---

A guy came into my nieces wells Fargo bank wanting them to finance loans to his customers. He sells hydroponics and growing systems for hemp.

Even they sent him packing, but he probably found another bank.

[Jim Noble]

Some people are going to have to go to jail here - and I don’t mean that kid and his dopey girlfriend.

They certainly didn’t cook this up on their own.

[PeterPrinciple]

https://www.frbsf.org/banking/regulation/regulatory-reporting-reserves/

Moonstone switched to a state friendly regulatory more compatible with their situation. That is why the fed reserve didn’t catch this.

[mjp]

Back in 2020, Farmington State Bank was acquired by FBH whose chairman was Jean Chalopin, Janvier’s father. He is also the chairman of Deltec Bank, which, like FTX, is based in the Bahamas–but its most well-known client is a $65-billion crypto firm called Tether.

Deltec, the roots of the Tether house bank lie in the history of Wall Street

Tether's Bank Deltec Says Stablecoin Is Fully Backed by Reserves