The curious case of FTX and Farmington State Bank, aka Moonstone
Situated in the middle of nowhere, small-time Farmington State Bank was taken over by Sam Bankman-Fried in March. Here's what we know.
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Situated in the middle of nowhere, small-time Farmington State Bank was taken over by Sam Bankman-Fried in March. Here's what we know.
Sam Bankman-Fried founded FTX the same day that Tether’s crypto exchange launched a billion-dollar fundraise.
According to a new investigation, Sam Bankman-Fried, FTX, Alameda Research, and Tether are all closely tied to bankrupt crypto lender Celsius.
NEAR's total value locked plummeted nearly 50% from almost $250 million yesterday to $113 million at the time of writing.
Market chatter is re-circulating regarding possible market manipulation of the Unus Sed Leo token for the benefit of Tether.
Tether has announced that it's reduced its commercial paper holdings to zero, replacing it primarily with US Treasuries.
In the class action lawsuit against Tether for cryptocurrency price manipulation, the court has ordered that Tether produce documents.
Tether holding off on freezing funds is as close as any big player has come to taking a stand against sanctioning a legitimate privacy tool.
The price of USDT recently de-pegged from the US dollar following Luna's collapse. Here's all the other major times Tether's peg broke.
— Stablecoin, Tether
Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.