Moonstone Bank To Bow Out Of Crypto Following FTX Demise

Join Our Telegram channel to stay up to date on breaking news coverage Moonstone Bank has announced that it will leave the cryptocurrency sector and focus on being a community bank. Moonstone is a ban...

FTX-Associated Crypto Bank Moonstone Announces Exit from Crypto Space

Moonstone Bank said that after exiting from the crypto space, it will go back to its original format of being a community bank with major rebranding. The contagion of the collapse of the crypto exchan...

FTX-linked Moonstone bank to exit the crypto space

Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will be exiting the crypto space and returni...

Moonstone Bank to Exit Crypto Space

Moonstone Bank, a rural bank in the state of Washington that was given an estimated $11.5 million investment by Alameda Research, the sister firm of FTX, has announced that it will withdraw from the c...

Moonstone Bank announces exit from crypto space

One of the financial institutions that did business with Sam Bankman-Fried’s empire, Moonstone Bank, is rebranding itself, getting out of crypto and refocusing on its original customer base. Moonstone...

Moonstone Bank to Refocus on Community Bank Role, Exit Crypto Space

FARMINGTON, Wash.–(BUSINESS WIRE)–Farmington State Bank, d/b/a Moonstone Bank, announced today that the bank is returning to its original mission as a community bank and is discontinuing its pursuit o...

Chief legal officer departs FTX-linked Moonstone Bank

Moonstone Bank chief legal officer Joseph Vincent, a former top banking regulator, has left the financial firm, after being with the bank for just eight months. Vincent joined Moonstone, one of the sm...

Moonstone Bank Issues Statement Regarding Recent Motion by the Joint Provisional Liquidators of FTX Markets

FARMINGTON, Wash.–(BUSINESS WIRE)–Farmington State Bank, d/b/a Moonstone Bank, has a legal duty to protect from public disclosure the privacy of account holders, regardless of who they are. However, i...

The Fed responds to the Moonstone Bank mystery

One of the lingering questions for the cryptocurrency industry is how the incredibly small and foreign-owned Farmington State Bank, now Moonstone Bank, was able to acquire regulatory guidance under th...

Moonstone Bank further explains Gemini and Revolut ties

It’s been an eventful week for rural Washington state bank Moonstone, previously known as Farmington State Bank. It may have found little to be thankful for over the holiday season. To summarize: Moon...

Moonstone Bank explains ties with Alameda Research and FTX – crypto.news

After questions arose recently concerning FTX’s $11.5 million interest in a small American bank Moonstone, the latter explained the ties. A spokesperson from the bank indicates that the demise of FTX ...

Moonstone Bank explains ties with Alameda Research

Recent bankruptcy documents have revealed the relationship between Sam Bankman-Fried’s bankrupt Alameda Research and a rural bank in Washington called Farmington State Bank, now known as Moonstone. As...

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

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 U...