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CoinGape 2024-02-07 06:02:54

FTX Saga Concludes: Federal Reserve Clears Farmington Bank in Final Probe

The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution associated with FTX — the defunct cryptocurrency exchange. This follows after the bank’s operations and links to cryptocurrencies, particularly through FTX trading arm Alameda Research, were under a federal microscope. Federal Reserve’s Final Verdict The termination of the The post FTX Saga Concludes: Federal Reserve Clears Farmington Bank in Final Probe appeared first on CoinGape .

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