3min chapter

Crypto Critics' Corner cover image

Auditors, Binance, and Global Regulation

Crypto Critics' Corner

CHAPTER

FTX and Alameda Research - Is That a Good Idea?

FTX and Alameda research invested 11.5 million dollars into a very small bank in southeastern Washington state. The person who owns Moonstone Bank is Jean Chalapet who is a French Bahamian citizen. It's troubling to me that the Federal Reserve was like, yeah, it seems fine. Seems like a fine cat.

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