{"id":920917,"date":"2022-12-15T06:59:32","date_gmt":"2022-12-15T06:59:32","guid":{"rendered":"https:\/\/www.counterpunch.org\/?p=268480"},"modified":"2022-12-15T06:59:32","modified_gmt":"2022-12-15T06:59:32","slug":"an-insider-blows-the-whistle-on-how-the-fed-has-allowed-crypto-to-invade-federally-insured-banks","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2022\/12\/15\/an-insider-blows-the-whistle-on-how-the-fed-has-allowed-crypto-to-invade-federally-insured-banks\/","title":{"rendered":"An Insider Blows the Whistle on How the Fed Has Allowed Crypto to Invade Federally-Insured Banks"},"content":{"rendered":"<p>Twelve days after the disgraced and corrupt crypto exchange, FTX, filed for bankruptcy, the New York Times ran this headline: \u201cCrypto Firm FTX\u2019s Ownership of a U.S. Bank Raises Questions.\u201d The article explains that a tiny bank in Washington state, Farmington State Bank (also known as Moonstone Bank), had received an ownership stake of $11.5 million from FTX\u2019s sister firm, Alameda Research, which at the time was twice the net worth of the bank. <a href=\"https:\/\/www.counterpunch.org\/2022\/12\/15\/an-insider-blows-the-whistle-on-how-the-fed-has-allowed-crypto-to-invade-federally-insured-banks\/\">More<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/2022\/12\/15\/an-insider-blows-the-whistle-on-how-the-fed-has-allowed-crypto-to-invade-federally-insured-banks\/\">An Insider Blows the Whistle on How the Fed Has Allowed Crypto to Invade Federally-Insured Banks<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/\">CounterPunch.org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.counterpunch.org\/2022\/12\/15\/an-insider-blows-the-whistle-on-how-the-fed-has-allowed-crypto-to-invade-federally-insured-banks\/\">CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>Twelve days after the disgraced and corrupt crypto exchange, FTX, filed for bankruptcy, the New York Times ran this headline: \u201cCrypto Firm FTX\u2019s Ownership of a U.S. Bank Raises Questions.\u201d The article explains that a tiny bank in Washington state, Farm&#8230;<\/p>\n","protected":false},"author":2524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,266],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/920917"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/2524"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=920917"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/920917\/revisions"}],"predecessor-version":[{"id":920918,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/920917\/revisions\/920918"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=920917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=920917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=920917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}