2min chapter

Odd Lots cover image

This Is What We Know About How Tether Works

Odd Lots

CHAPTER

FTX, Moonstone Bank and Trust

FTX bought a stake in Farmington State Bank, one of the 30 smallest banks in America. The bank was giving it like a post money valuation of like $120 million on 10 million in deposits,. But continuing, they rename it Moonstone Bank and Trust, according to Han Vier, because they wanted to bank cryptocurrency assets which were going to the moon; cannabis assets are great for getting you stone.

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