Federal Reserve drops enforcement action against FTX-linked US bank
Published
According to the Fed, Farmington State Bank had winded down operations and “no longer functions as a bank” following the initial enforcement action.
Full ArticlePublished
According to the Fed, Farmington State Bank had winded down operations and “no longer functions as a bank” following the initial enforcement action.
Full ArticleThe Board of Governors of the Federal Reserve System (the Board), in conjunction with the New York State Department of Financial..
The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution..