Documents in the failed crypto exchange FTX’s bankruptcy recently revealed that the firm–through its sister hedge fund Alameda–infused $11.5 million into Moonstone Bank, formerly Farmington State Bank. As more questions are raised than answers, the bank’s chief digital officer Janvier Chalopin attempted to clear the air about the curious stake. The investment, according to Chalopin, was a “seed funding… to execute [their] new plan of being a tech focused bank.” He added that the investment was for 10% of the bank, valuing Moonstone at $115 million – a considerable boost in value considering the bank had just $10 million in...