February 7, 2024 Federal Reserve Ends Enforcement Action Against FTX-Connected Farmington State Bank The Federal Reserve terminated its enforcement action against Washington-based… More...
August 21, 2023 Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown In a statement released August 17, 2023, Farmington State Bank, with… More...
January 21, 2023 US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried Federal prosecutors have seized $697 million in assets, mostly comprised… More...
January 6, 2023 Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% The price of the crypto-focused bank Silvergate Capital’s… More...