Did FTX Have $11.5M Stake in 3-Employee Bank to Bypass Banking License?

Reports have emerged that Alameda Research, a sister company to FTX, had an $11.5 million stake in a small U.S. bank. Some wonder if it was intended to bypass the banking license process.

This article has been originally published at: https://beincrypto.com/did-ftx-have-11-5m-stake-in-3-employee-bank-to-bypass-banking-license/