Crypto collapse: Tornado Cash arrests, Federal Reserve shuts down Farmington Bank, Prime Trust played Terra-Luna

Our latest post on the crypto collapse is on David’s site. [David Gerard]

In this edition:

  • The US charges Tornado Cash co-founders with laundering over $1 billion in criminal proceeds.
  • Federal and State regulators shut down FTX-affiliated Farmington State Bank 
  • Prime Trust files its first-day motion — they had been gambling on Terra-Luna!
  • Everybody still hates Binance
  • Sam Bankman-Fried says his lawyers told him to do it.