TheDinarian
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💥Derivatives Time Bomb - Is YOUR Bank on this list?💥
November 29, 2022
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(Dinarian Note: As I have been telling everyone for years now, GET YOUR WEALTH OUT OF THE BANKS, ONLY KEEP IN A MINIMAL AMOUNT TO PAY NECESSARY IMMEDIATE BILLS. Keep your assets on a cold storage wallet. We are at the point where services exist where you dont even need banks anymore, you can pay most if not all bills via stablecoins like Circles USDC. Dont wait until it's too late! THIS IS 100% FINANCIAL ADVICE, BE YOUR OWN BANK!)

For years there has been much talk about how "Derivatives" are a gigantic problem, and if Derivatives Markets collapse, it is the end of the financial world as we know it.  We looked at Bank exposure to "Derivatives" and below is a list that will likely frighten you.  US Banks are on the hook for two Quadrillion dollars, in "Derivatives."  Is **YOUR** bank on this list?   If it is, ask yourself "If they LOST all this money, would MY money still be safe in this bank?" Act accordingly.

Below is the list of United States banks and how much exposure they have to "Derivatives."  Two quadrillion dollars is the total notional value of derivative contracts off-balance sheet. Need collateral.

It’s notional. Not sustainable. Triffins dilemma. Dollar shortage. More collateral. But from where?

Of course, net notional value is completely different than directional risk.  Just seeing these numbers does NOT indicate how much the bank itself is on-the-hook for. 

Moreover, there is still value in the underlying commodities for many of these derivatives.   People that think these are all bilaterally netted (Hedged) and those people are partially correct.  But that bilateral netting will lead to the complete collapse of equities markets.

The numbers are utterly staggering and logic dictates the banks with the highest exposure, have the most to lose.  

Being that derivatives are interest rate sensitive, for most of these banks, it’s a doomsday scenario.

The majority of people don’t understand monetary inflation let alone derivatives.  So think of it like this:  Derivatives are IOU’s backed by other IOU’s. Hustling fast money by selling chickens before they hatch, 5 generations in advance, hoping all the eggs hatch because the money was already spent on fees for a loan to pay interest on credit card debt.

Below is a graphic known as Exeter's Pyramid.  It shows financial risk from the safest, GOLD; to the least safe: Derivatives.

Banks Ranked by Derivatives

The following is a ranking of all banks in the United States in terms of "Derivatives". This comparison is based on data reported on 2022-06-30

RankDerivativesBank Name
1$57,022,286,000,000JPMorgan Chase Bank
2$49,972,812,000,000Goldman Sachs Bank USA
3$45,886,112,000,000Citibank
4$22,666,325,000,000Bank of America
5$11,484,983,000,000Wells Fargo Bank
6$2,271,601,000,000State Street Bank and Trust Company
7$1,511,176,232,000HSBC Bank USA
8$1,256,045,000,000The Bank of New York Mellon
9$785,851,064,000U.S. Bank
10$562,254,385,000PNC Bank
11$408,003,666,000Western Alliance Bank
12$348,162,229,000TD Bank
13$337,438,775,000The Northern Trust Company
14$323,341,000,000Truist Bank
15$248,211,478,000Citizens Bank
16$169,821,079,000Fifth Third Bank
17$166,118,000,000Regions Bank
18$164,279,392,000Capital One
19$138,928,879,000MUFG Union Bank
20$136,584,106,000KeyBank
21$119,319,000,000Morgan Stanley Bank
22$80,046,532,000The Huntington National Bank
23$71,801,453,000BOKF
24$71,067,700,000UBS Bank USA
25$70,439,741,000Manufacturers and Traders Trust Company
26$64,010,768,000BMO Harris Bank
27$62,538,000,000Comerica Bank
28$57,886,053,000Capital One Bank (USA)
29$55,011,418,000Santander Bank, N.A.
30$39,054,000,000Morgan Stanley Private Bank
31$35,449,747,000First Horizon Bank
32$35,174,468,000City National Bank
33$30,277,000,000Deutsche Bank Trust Company Americas
34$29,888,000,000Silicon Valley Bank
35$25,190,124,000Flagstar Bank, FSB
36$25,115,000,000Ally Bank
37$24,504,922,000East West Bank
38$22,990,198,000Zions Bancorporation, N.A.
39$21,761,651,000SouthState Bank
40$20,197,273,000First-Citizens Bank & Trust Company
41$18,492,774,000Bank of the West
42$18,133,467,000First Financial Bank
43$16,489,866,000Webster Bank
44$16,023,928,000Synovus Bank
45$15,784,000,000Barclays Bank Delaware
46$15,478,020,000Valley National Bank
47$15,054,290,000TD Bank USA
48$13,602,525,000First National Bank of Pennsylvania
49$13,284,746,000Pacific Coast Bankers' Bank
50$12,791,030,000Old National Bank
51$11,313,312,000Signature Bank
52$10,370,870,000Fulton Bank
53$10,125,176,000Associated Bank
54$9,408,332,000MidFirst Bank
55$8,667,361,000Hancock Whitney Bank
56$8,261,631,000Umpqua Bank
57$7,289,884,000Lake Forest Bank & Trust Company
58$7,289,584,000Israel Discount Bank of New York
59$7,207,000,000USAA Federal Savings Bank
60$6,945,914,000First Republic Bank
61$6,345,726,000TIAA, FSB
62$5,951,468,000Atlantic Union Bank
63$5,736,320,000Silvergate Bank
64$5,631,436,000BankUnited
65$5,487,943,000Tristate Capital Bank
66$5,279,227,000Texas Capital Bank
67$5,255,900,000Principal Bank
68$5,218,655,000Pinnacle Bank
69$5,109,521,000Safra National Bank of New York
70$4,971,704,000Frost Bank
71$4,945,853,000Rockland Trust Company
72$4,744,979,000Wilmington Savings Fund Society, FSB
73$4,589,237,000PlainsCapital Bank
74$4,458,503,000Arvest Bank
75$4,414,007,000UMB Bank
76$4,198,107,000Discover Bank
77$4,082,042,000Cedar Rapids Bank and Trust Company
78$3,968,428,000Eastern Bank
79$3,953,699,000NexBank
80$3,948,743,000Northpointe Bank
81$3,910,116,000Sallie Mae Bank
82$3,889,105,000First Interstate Bank
83$3,851,858,000Bremer Bank
84$3,805,850,000City National Bank of Florida
85$3,767,255,000Berkshire Bank
86$3,673,300,000Wintrust Bank
87$3,555,609,000SoFi Bank
88$3,500,000,000Beal Bank USA
89$3,415,168,000Bank of Hawaii
90$3,350,117,000Cadence Bank
91$3,312,754,000First Hawaiian Bank
92$3,238,143,000Raymond James Bank
93$3,184,928,000CIBC Bank USA
94$3,106,909,000Provident Bank
95$3,063,710,000United Community Bank
96$3,030,649,000Wells Fargo National Bank West
97$2,997,550,000Brookline Bank
98$2,863,869,000NBT Bank
99$2,857,449,000Commerce Bank
100$2,749,691,000Centier Bank
101$2,734,397,000S&T Bank
102$2,733,592,000First Merchants Bank
103$2,676,763,000Dime Community Bank
104$2,642,970,000Washington Federal Bank
105$2,597,359,000The Washington Trust Company, of Westerly
106$2,541,002,000OceanFirst Bank
107$2,453,624,000FirstBank
108$2,411,325,000First Commonwealth Bank
109$2,398,559,000Gateway First Bank
110$2,245,012,000Amerant Bank
111$2,108,438,000Ameris Bank
112$2,092,261,000Trustmark National Bank
113$2,077,174,000Simmons Bank
114$1,962,521,000First United Bank and Trust Company
115$1,948,772,000Bankers Trust Company
116$1,838,039,000Renasant Bank
117$1,826,841,000Veritex Community Bank
118$1,801,342,000WesBanco Bank, Inc.
119$1,786,123,000Cathay Bank
120$1,784,620,000Customers Bank
121$1,782,942,000Lakeland Bank
122$1,781,999,000Third Federal Savings and Loan Association of Cleveland
123$1,687,506,000Salem Five Cents Savings Bank
124$1,666,677,000Cambridge Savings Bank
125$1,624,219,000Peapack-Gladstone Bank
126$1,622,763,000Bank of Hope
127$1,542,260,000Barrington Bank & Trust Company
128$1,519,751,000City National Bank of West Virginia
129$1,500,000,000Beal Bank
130$1,476,690,000Northwest Bank
131$1,458,807,000Banner Bank
132$1,438,297,000Pacific Premier Bank
133$1,429,056,000First Business Bank
134$1,410,012,000Johnson Bank
135$1,387,261,000First American Bank
136$1,385,289,000Flushing Bank
137$1,370,157,000Mechanics Bank
138$1,347,561,000Columbia State Bank
139$1,343,943,000Cambridge Trust Company
140$1,315,277,000RBC Bank, (Georgia)
141$1,305,273,000Texas Exchange Bank
142$1,268,497,000Peoples Bank
143$1,264,189,0001st Source Bank
144$1,261,115,000United Fidelity Bank, fsb
145$1,257,705,000Liberty Bank
146$1,231,328,000Union Bank and Trust Company
147$1,226,303,000Apple Bank for Savings
148$1,216,735,000PeoplesBank
149$1,211,814,000Busey Bank
150$1,204,200,000River City Bank
151$1,171,805,000Southside Bank
152$1,142,727,000The Federal Savings Bank
153$1,124,667,000Univest Bank and Trust Co.
154$1,122,722,000Five Star Bank
155$1,110,431,000Union Savings Bank
156$1,101,126,000Sunflower Bank
157$1,100,499,000WaterStone Bank, SSB
158$1,074,733,000Byline Bank
159$1,072,573,000Leader Bank
160$1,055,043,000Horizon Bank
161$1,037,509,000Enterprise Bank & Trust
162$1,035,790,000Plains Commerce Bank
163$1,033,473,000United Bank
164$1,012,787,000HarborOne Bank
165$1,005,784,000First Bank
166$1,000,000,000New York Community Bank
167$950,000,000Luther Burbank Savings
168$912,889,000NBH Bank
169$909,246,000First National Bank of Omaha
170$887,095,000Citizens Business Bank
171$823,704,000Seacoast National Bank
172$823,076,000Woodforest National Bank
173$817,002,000Independent Bank
174$807,938,000Origin Bank
175$789,440,000NBKC Bank
176$779,569,000Lake City Bank
177$775,000,000Metro City Bank
178$772,241,000The Camden National Bank
179$770,319,000Kearny Bank
180$770,234,000Bar Harbor Bank & Trust
181$737,236,000Mercantile Bank
182$736,908,000Bank of England
183$709,921,000Needham Bank
184$690,176,000North American Savings Bank, F.S.B.
185$686,118,000Premier Bank
186$664,433,000Pioneer Bank
187$659,407,000Stifel Bank and Trust
188$645,499,000Great Southern Bank
189$621,106,000CrossFirst Bank
190$620,687,000Columbia Bank
191$616,879,000Heritage Bank
192$611,607,000Hinsdale Bank & Trust Company
193$608,776,000Quontic Bank
194$604,849,000HomeStreet Bank
195$600,000,000ChoiceOne Bank
196$592,586,000Firstrust Savings Bank
197$588,058,000EagleBank
198$586,530,000Independent Bank
199$571,240,000Town Bank
200$559,974,000Quad City Bank and Trust Company
201$553,177,000First Community Bank of Tennessee
202$550,401,000Bell Bank
203$538,243,000The Central Trust Bank
204$533,167,000BankSouth
205$525,187,000The Canandaigua National Bank and Trust Company
206$523,877,000Libertyville Bank & Trust Company
207$500,759,000Schaumburg Bank & Trust Company
208$493,243,000Chemung Canal Trust Company
209$490,518,000Towne Bank
210$467,429,000Civista Bank
211$452,005,000Broadway National Bank
212$449,978,000Oakstar Bank
213$447,221,000Commercial Bank
214$446,270,000Prosperity Bank
215$445,712,000Carter Bank & Trust
216$445,303,000Northrim Bank
217$443,571,000City Bank
218$440,286,000Wheaton Bank & Trust
219$435,534,000Citizens and Farmers Bank
220$431,297,000Bangor Savings Bank
221$426,279,000MainStreet Bank
222$423,028,000MVB Bank, Inc
223$418,160,000Peoples Security Bank and Trust Company
224$415,532,000Sandy Spring Bank
225$414,169,000Bank Rhode Island
226$405,788,000ESSA Bank & Trust
227$405,001,000West Bank
228$401,548,000MidWestOne Bank
229$400,000,000ConnectOne Bank
230$395,795,000Midland States Bank
231$392,488,000NATIONAL COOPERATIVE BANK, N.A.
232$381,832,000Bridgewater Bank
233$381,399,000First Farmers Bank & Trust Co.
234$380,835,000Village Bank and Trust
235$379,413,000Republic Bank & Trust Company
236$378,715,000First Federal Bank
237$369,084,000Magnolia Bank, Incorporated
238$365,000,000Capitol Federal Savings Bank
239$364,960,000One American Bank
240$362,502,000Dollar Bank, Federal Savings Bank
241$358,460,000Northbrook Bank and Trust Company
242$358,000,000Farmers and Merchants Bank
243$350,216,000Middlesex Savings Bank
244$345,595,000Alerus Financial
245$342,113,000University Bank
246$340,044,000First Internet Bank of Indiana
247$339,111,000Equity Bank
248$337,500,000Sturgis Bank & Trust Company
249$336,029,000FirstBank
250$335,246,000BNC National Bank
251$335,188,000Old Plank Trail Community Bank
252$330,830,000Stock Yards Bank & Trust Company
253$329,279,000SmartBank
254$328,461,000Summit Community Bank, Inc
255$326,282,000Beach Community Bank
256$319,154,000Vast Bank
257$319,046,000Merchants Bank of Indiana
258$313,844,000Alpine Bank
259$308,410,000ServisFirst Bank
260$301,207,000First Citizens Community Bank
261$300,721,000German American Bank
262$300,000,000Metropolitan Commercial Bank
263$290,788,000Centennial Bank
264$290,000,000Spencer Savings Bank, SLA
265$285,711,000Premier Valley Bank
266$285,639,000Old Second National Bank
267$266,109,000First Federal Savings and Loan Association of Lakewood
268$265,803,0001st Security Bank of Washington
269$264,462,000PCSB Bank
270$262,745,000First Savings Bank
271$255,301,000West Gate Bank
272$248,313,000Progress Bank and Trust
273$248,098,000Newburyport Five Cents Savings Bank
274$247,562,000Dubuque Bank and Trust Company
275$241,977,000St. Charles Bank & Trust Company
276$241,714,000Mid Penn Bank
277$240,853,000Crystal Lake Bank and Trust Company
278$236,743,000American National Bank
279$236,240,000INLAND BANK & TRUST
280$232,000,000Banco Popular de Puerto Rico
281$229,996,000Androscoggin Savings Bank
282$228,595,000Bristol County Savings Bank
283$228,291,000Heartland Bank and Trust Company
284$227,681,000CommunityBank of Texas, N.A.
285$226,688,000NEXTIER BANK
286$226,410,000Extraco Banks
287$224,942,000Amarillo National Bank
288$224,479,000North Easton Savings Bank
289$223,691,000Katahdin Trust Company
290$222,037,000Bankwell Bank
291$220,805,000The Bank of Tioga
292$220,350,000Orrstown Bank
293$213,042,000Traditions Bank
294$207,062,000BayCoast Bank
295$204,844,000CapStar Bank
296$202,886,000FVCbank
297$202,711,000Evolve Bank & Trust
298$200,929,000First Financial Bank
299$200,000,000Tradition Capital Bank
300$198,049,000Armed Forces Bank
301$197,860,000First Bank
302$196,642,000Arizona Bank & Trust
303$192,892,000Bank Iowa
304$191,868,000Presidential Bank, FSB
305$187,345,000Gulf Coast Bank and Trust Company
306$181,530,000Central Pacific Bank
307$180,067,000Manufacturers Bank
308$177,219,000Meridian Bank
309$177,085,000Sunwest Bank
310$176,531,000HTLF Bank
311$172,427,000Citizens & Northern Bank
312$172,000,000Charles Schwab Bank, SSB
313$170,503,000The State Bank and Trust Company
314$169,069,000UniBank for Savings
315$166,643,000Mizuho Bank (USA)
316$165,918,000Minnesota Bank & Trust
317$160,997,000Burke & Herbert Bank & Trust Company
318$160,474,000LendingClub Bank
319$160,047,000Midwest BankCentre
320$159,428,000Ion Bank
321$158,364,000Fremont Bank
322$158,056,000The Farmers National Bank of Canfield
323$156,828,000BayFirst National Bank
324$155,934,000Glacier Bank
325$154,442,000FIDELITY BANK
326$154,409,000Southern States Bank
327$151,875,000Peoples Bank
328$151,395,000Cornerstone Bank
329$150,850,000Malvern Bank N.A.
330$150,698,000Glens Falls National Bank and Trust Company
331$147,740,000Union Savings Bank
332$147,142,000Genesee Regional Bank
333$147,064,000Westfield Bank, FSB
334$146,802,000State Bank Financial
335$146,536,000Beverly Bank & Trust Company
336$143,478,000Kish Bank
337$140,746,000BankNewport
338$140,735,000First International Bank & Trust
339$136,537,000Macatawa Bank
340$134,958,000New Mexico Bank & Trust
341$133,800,000Pacific National Bank
342$132,818,000Goldwater Bank, N.A.
343$130,276,000Ameriserv Financial Bank
344$129,350,000Pinnacle Bank
345$127,667,000First State Bank
346$127,545,000Pathfinder Bank
347$126,685,000Summit Bank
348$126,245,000Penn Community Bank
349$125,113,000Central National Bank
350$123,701,000Capital City Bank
351$123,437,000Hanmi Bank
352$122,662,000Northway Bank
353$120,751,000Washington State Bank
354$118,690,000Colonial Savings, F.A.
355$115,438,000American Bank
356$113,935,000Hickory Point Bank and Trust
357$113,756,000First National Bank
358$113,740,000Community State Bank
359$112,926,000Willamette Valley Bank
360$112,673,000IncredibleBank
361$111,514,000First Bank & Trust
362$111,070,000Centreville Bank
363$109,855,000Morton Community Bank
364$109,644,000Washington Trust Bank
365$109,597,000Professional Bank
366$109,168,000Gorham Savings Bank
367$109,000,000Blue Foundry Bank
368$107,855,000Ledyard National Bank
369$107,718,000The Bank of Tampa
370$107,427,000First Fidelity Bank
371$107,375,000International Bank of Commerce
372$105,008,000Citizens First Bank
373$103,162,000Florida Capital Bank
374$103,012,000The Guilford Savings Bank
375$102,496,000Fall River Five Cents Savings Bank
376$101,024,000Avidia Bank
377$100,111,000b1BANK
378$100,000,000OneUnited Bank
378$100,000,000The Fountain Trust Company
380$99,725,000CTBC Bank Corp. (USA)
381$99,136,000The Bank of Missouri
382$98,549,000First State Bank Nebraska
383$98,110,000CoastalStates Bank
384$96,218,000Guaranty Bank
385$95,952,000Minnwest Bank
386$95,000,000First Financial Northwest Bank
386$95,000,000First National Bank & Trust Company
388$93,622,000First Mid Bank & Trust
389$93,241,000Newtown Savings Bank
390$91,360,000First Financial Bank
391$91,140,000Stockman Bank of Montana
392$89,760,000Lincoln Savings Bank
393$87,715,000Midwest Community Bank
394$87,453,000Beneficial State Bank
395$87,419,000InsBank
396$86,533,000Pacific Western Bank
397$86,364,000State Bank of the Lakes
398$86,064,000CHARTER WEST BANK
399$86,049,000Town And Country Bank
400$85,978,000Lakeside Bank
401$85,756,000Neighbors Bank
402$85,341,000First Western Trust Bank
403$84,538,000BancFirst
404$84,390,000F&M Bank
405$83,002,000Heritage Bank, Inc.
406$82,414,000Blackhawk Bank & Trust
407$81,986,000The Dart Bank
408$81,795,000Rollstone Bank & Trust
409$81,569,000The Park Bank
410$81,153,000Community Financial Services Bank
411$80,424,000Banc of California
412$79,750,000Cornerstone Bank
413$79,734,000South Shore Bank
414$79,579,000Saco & Biddeford Savings Institution
415$78,985,000The Greenwood's State Bank
416$78,797,000Fortis Private Bank
417$78,659,000Security Bank of Kansas City
418$78,620,000Pentucket Bank
419$78,367,000Carrollton Bank
420$77,644,000Merchants Bank
421$77,342,000Fairfield County Bank
422$77,235,000Nebraskaland Bank
423$76,474,000Westfield Bank
424$76,000,000Luminate Bank
425$75,573,000Wood & Huston Bank
426$75,133,000Northfield Bank
427$75,126,000The Freedom Bank of Virginia
428$74,586,000First Bank
429$73,790,000Cf Bank
430$73,529,000Kirkpatrick Bank
431$73,054,000North Shore Bank of Commerce
432$72,629,000U. S. Century Bank
433$71,322,000Hardin County Savings Bank
434$70,399,000Webster Five Cents Savings Bank
435$70,312,000BankPlus
436$69,609,000Illinois Bank & Trust
437$69,448,000Bank of Sun Prairie
438$68,784,000Intrust Bank
439$68,525,000CNB Bank
440$68,257,000Opportunity Bank of Montana
441$67,850,000Colorado Federal Savings Bank
442$67,661,000Northwest Bank
443$67,406,000Exchange Bank
444$67,166,000Bryant Bank
445$66,942,000Fidelity Bank
446$66,565,000FirstBank Puerto Rico
447$65,940,000Northstar Bank
448$65,805,000Paramount Bank
449$65,494,000Texana Bank
450$65,040,000Wisconsin Bank & Trust
451$64,121,000Southern Bank and Trust Company
452$63,727,000Truxton Trust Company
453$63,519,000First Dakota National Bank
454$63,182,000Axos Bank
455$62,802,000The First National Bank of Fort Smith
456$62,361,000Cape Cod Co-operative Bank
457$62,346,000Rhinebeck Bank
458$62,325,000The Bank of Canton
459$62,072,000CIBM Bank
460$61,749,000Huntingdon Valley Bank
461$61,392,000Wilson Bank and Trust
462$60,641,000Horizon Bank
463$60,337,000First Federal Bank, A FSB
464$60,000,000Brentwood Bank
465$59,461,000MountainOne Bank
466$59,382,000Tri City National Bank
467$57,974,000Kitsap Bank
468$57,651,000The Park National Bank
469$54,025,000CorTrust Bank
470$53,865,000First Bank & Trust
471$53,302,000Magyar Bank
472$52,737,000FIRST COMMERCIAL BANK
473$52,557,000Kennebec Savings Bank
474$52,154,000Home Bank
475$51,929,000Guardian Savings Bank
476$51,829,000Shore United Bank, N.A.
477$51,309,000Austin Capital Bank SSB
478$50,830,000Citizens State Bank
479$50,440,000Susser Bank
480$50,409,000Bankers' Bank
481$50,258,000Bank of Utah
482$50,080,000Parkside Financial Bank & Trust
483$50,000,000Chesapeake Bank
483$50,000,000Iowa Trust & Savings Bank
483$50,000,000Lincoln Park Savings Bank
483$50,000,000TS Bank
487$48,664,000First PREMIER Bank
488$48,328,000St. Louis Bank
489$47,940,000Cache Valley Bank
490$47,373,000Ixonia Bank
491$47,228,000Mechanics Cooperative Bank
492$44,845,000Signature Bank
493$43,944,000Peoples Bank
494$43,572,000Uwharrie Bank
495$43,564,000The State Bank
496$43,549,000Access Bank
497$43,300,000Oriental Bank
498$43,221,000River Bank & Trust
499$43,064,000Machias Savings Bank
500$42,956,000State Bank of Cross Plains
501$42,497,000Peoples Bank of Alabama
502$41,650,000First Reliance Bank
503$41,351,000Community Bank of Mississippi
504$41,000,000Banesco USA
505$40,949,000Bank of Colorado
506$40,809,000Primis Bank
507$40,060,000Main Street Bank
508$40,000,00042 North Private Bank
508$40,000,000First US Bank
510$39,329,000Lake Area Bank
511$39,244,000Rocky Mountain Bank
512$38,721,000Bison State Bank
513$38,347,000Community First National Bank
514$38,283,000Flanagan State Bank
515$38,265,000Chickasaw Community Bank
516$37,745,000Arbor Bank
517$37,500,000Cenlar FSB
518$37,428,000Bank of Springfield
519$37,294,000Harvest Bank
520$37,200,000Cass Commercial Bank
521$36,609,000West Michigan Community Bank
522$35,795,000First Missouri State Bank of Cape County
523$35,771,000The First National Bank of Middle Tennessee
524$35,520,000Capital Community Bank
525$35,303,000Gate City Bank
526$34,881,000Red River Bank
527$34,729,000Old Missouri Bank
528$34,257,000Mascoma Bank
529$33,786,000The Fidelity Bank
530$33,602,000Southern First Bank
531$33,465,000FNCB Bank
532$33,061,000Passumpsic Savings Bank
533$32,840,000Landmark National Bank
534$31,801,000Home Loan Investment Bank, F.S.B.
535$31,490,000Peoples Bank and Trust Company
536$31,393,000The Farmers & Merchants Bank
537$31,356,000Oxford Bank
538$31,144,000Park State Bank
539$30,292,000Nicolet National Bank
540$30,152,0001st National Bank
541$30,000,000FNBC Bank
541$30,000,000Olympia Federal Savings and Loan Association
543$29,735,000Community National Bank
544$29,627,000Transportation Alliance Bank, Inc. d/b/a TAB Bank
545$29,129,000INB
546$28,862,000BOC Bank
547$28,689,000Central National Bank
548$28,200,000Four Corners Community Bank
549$27,781,000American Bank of Missouri
550$27,602,000The Old Point National Bank of Phoebus
550$27,602,000Village Bank
552$27,492,000Great Midwest Bank, S.S.B.
553$27,475,000Deerwood Bank
554$27,367,000Oakworth Capital Bank
555$27,211,000Choice Financial Group
556$27,045,000The Ohio Valley Bank Company
557$26,702,000Country Club Bank
558$26,490,000First State Bank of St. Charles, Missouri
559$25,809,000Academy Bank
560$25,524,000Fidelity Co-operative Bank
561$25,461,000WebBank
562$25,335,000Emigrant Bank
563$25,098,000Bank3
564$25,000,000First Federal Savings and Loan Association of Lorain
564$25,000,000Reading Co-operative Bank
566$24,907,000Cincinnati Federal
567$24,896,000Bravera Bank
568$24,731,000CIBC National Trust Company
569$24,675,000Bank of Little Rock
570$24,548,000First National Bank Alaska
571$24,255,000Hometown Bank
572$24,000,000Pennian Bank
573$23,900,000State Bank of Reeseville
574$23,657,000Prime Meridian Bank
575$23,600,000McHenry Savings Bank
576$23,471,000The First National Bank and Trust Company
577$23,445,000CFG Community Bank
578$23,442,000Allied First Bank,sb
579$23,425,000DeWitt Bank & Trust Co.
580$23,408,000Bank of Jackson Hole
581$23,272,000Brazos National Bank
582$23,035,000First United Bank
583$22,935,000United Bank
584$22,766,000Gold Coast Bank
585$22,500,000Crest Savings Bank
585$22,500,000Stifel Bank
587$22,485,000Citizens Bank of Las Cruces
588$22,478,000The First Bank
589$22,354,000Anderson Brothers Bank
590$22,008,000TexasBank
591$21,919,000American National Bank & Trust
592$21,276,000Pan American Bank & Trust
593$21,217,000Fortress Bank
594$21,000,000Synchrony Bank
595$20,824,000Southern Michigan Bank & Trust
596$20,745,000American Bank of Commerce
597$20,670,000Bank of New Hampshire
598$20,441,000First Federal Bank of Kansas City
599$20,108,000Security First Bank
600$20,019,000Washington County Bank
601$20,011,000Cattlemens Bank
602$20,000,000Atlantic Community Bankers Bank
602$20,000,000First Seacoast Bank
602$20,000,000The Bank of Glen Burnie
602$20,000,000The Juniata Valley Bank
602$20,000,000Unity Bank
607$19,973,000Triad Bank
608$19,847,000Cross Keys Bank
609$19,801,000Paragon Bank
610$19,744,000North State Bank
611$19,724,000D. L. Evans Bank
612$19,640,000TIB
613$19,260,000CedarStone Bank
614$19,094,000Waukesha State Bank
615$19,060,000The Cape Cod Five Cents Savings Bank
616$19,050,000Washington Financial Bank
617$19,000,000The First National Bank and Trust Co., Chickasha, Oklahoma
618$18,991,000Saratoga National Bank and Trust
619$18,592,000First State Bank and Trust Company, Inc.
620$18,558,000Citizens National Bank of Texas
621$18,545,000Blackhawk Bank
622$18,505,000The Union Bank Company
623$18,405,000Cross River Bank
624$18,356,000American National Bank and Trust Company
625$18,199,000RiverWood Bank
626$18,167,000First Security Bank
627$18,000,000Gouverneur Savings and Loan Association
628$17,723,000First Bank
629$17,471,000First State Bank
630$17,168,000Devon Bank
631$17,167,000Superior National Bank
632$17,163,000Frontier Bank
633$17,152,000BankWest, Inc.
634$17,026,000Bank Five Nine
635$17,013,000First State Bank of Uvalde
636$16,939,000United Community Bank
637$16,614,000Fidelity Bank
638$16,572,000Monona Bank
639$16,525,000The First State Bank
640$16,298,000Springs Valley Bank & Trust Company
641$16,285,000Signature Bank of Arkansas
642$15,955,000Wilson & Muir Bank & Trust Company
643$15,910,000Decorah Bank & Trust Company
644$15,797,000Enterprise Bank and Trust Company
645$15,625,000Bank of Tennessee
646$15,455,000First State Bank
647$15,341,000Mutual Federal Bank
648$15,050,000The Lyons National Bank
649$15,041,000Core Bank
650$15,000,000Fulton Savings Bank
650$15,000,000Grand Bank for Savings, FSB
650$15,000,000Northeast Bank
650$15,000,000The Bancorp Bank
654$14,837,000Mid-Missouri Bank
655$14,718,000The First Bank and Trust Company
656$14,717,000First State Bank
657$14,682,000Lincoln FSB of Nebraska
658$14,645,000Republic Bank
659$14,514,000CNB St Louis Bank
660$14,489,000Ulster Savings Bank
661$14,371,000Western State Bank
662$14,277,000Piermont Bank
663$14,250,000Legends Bank
664$14,075,000Pinnacle Bank - Wyoming
665$13,935,000City Bank & Trust Co.
666$13,909,000Ohio State Bank
667$13,650,000Institution for Savings in Newburyport and Its Vicinity
668$13,591,000Tompkins Community Bank
669$13,500,000First Bank
670$13,449,000Bank of Idaho
671$13,393,000Liberty Bank Minnesota
672$13,376,000Dieterich Bank
673$13,204,000Cattle Bank and Trust
674$13,088,000First Citizens Bank
675$13,046,000The Nodaway Valley Bank
676$13,027,000State Bank
677$12,972,000American Bank of Oklahoma
678$12,845,000South Central Bank, Inc.
679$12,800,000Dundee Bank
680$12,649,000Montgomery Bank
681$12,546,000Bank of Marin
682$12,476,000Farmers & Stockmens Bank
683$12,391,000Heritage Bank
684$12,341,000Patriot Bank
685$12,214,000West Town Bank & Trust
686$12,000,000Farmers State Bank of Calhan
687$11,968,000Mid-America Bank
688$11,948,000First Community Bank
689$11,730,000Community First Bank
690$11,714,000The Peoples State Bank
691$11,550,000Ocean Bank
692$11,311,000The National Bank of Indianapolis
693$11,176,000Northwest Bank of Rockford
694$11,137,000National Bank of Commerce
695$11,120,000Wayne Bank
696$11,078,000American Bank & Trust
697$11,065,000The Bank of Commerce
698$11,051,000Relyance Bank
699$11,014,000Pioneer Bank
700$10,973,000CBI Bank & Trust
701$10,913,000Envision Bank
702$10,906,000First Community Bank
703$10,858,000The Old Fort Banking Company
704$10,806,000First National Bank, Ames, Iowa
704$10,806,000Sabine State Bank and Trust Company
706$10,738,000First National Community Bank
707$10,659,000Bank of Washington
708$10,575,000VISIONBank
709$10,530,000Waterford Bank, N.A.
710$10,509,000American Federal Bank
711$10,409,000Triad Business Bank
712$10,288,000Idaho First Bank
713$10,215,000Guaranty Bank and Trust Company
714$10,148,000Inwood National Bank
715$10,036,000Frandsen Bank & Trust
716$10,021,000Midwest Bank
717$10,003,000Cashmere Valley Bank
718$10,000,000Ballston Spa National Bank
718$10,000,000Eastern Michigan Bank
718$10,000,000FNB Oxford Bank
718$10,000,000Intercredit Bank
718$10,000,000Mauch Chunk Trust Company
718$10,000,000Merchants & Farmers Bank & Trust Company
718$10,000,000Salisbury Bank and Trust Company
718$10,000,000The City National Bank of Metropolis
718$10,000,000West Alabama Bank & Trust
727$9,955,000Bank Independent
728$9,927,000Liberty Savings Bank, F.S.B.
729$9,919,000The Dime Bank
730$9,871,000STAR Financial Bank
731$9,735,000Wyoming Community Bank
732$9,689,000American Savings Bank, FSB
733$9,670,000Marine Bank
734$9,591,000CB&S Bank, Inc.
735$9,548,000Home State Bank
736$9,543,000Security Bank USA
737$9,483,000Community National Bank
738$9,381,000Hawthorn Bank
739$9,360,000FM Bank
740$9,049,000First Fed Bank
740$9,049,000First National Bank
742$9,027,000JD Bank
743$9,000,000Farmers Bank & Trust
744$8,750,000Capital Bank
745$8,719,000Denver Savings Bank
746$8,699,000Enterprise Bank
747$8,504,000Bruning Bank
748$8,415,000Blue Ridge Bank
749$8,390,000United Bank of Michigan
750$8,368,000Kirkwood Bank & Trust Co.
751$8,357,000First Westroads Bank, Inc.
752$8,352,000Cornerstone Bank
753$8,197,000The Farmers Bank
754$8,142,000Bank of Ann Arbor
755$8,105,000First Federal Savings Bank
756$8,099,000Bank of Travelers Rest
757$7,862,000Central Bank
758$7,822,000Bank First, N.A.
759$7,798,000Security State Bank & Trust
760$7,782,000Independent Bank
761$7,658,000Vermillion State Bank
762$7,656,000Hills Bank and Trust Company
763$7,654,000The Citizens National Bank of Bluffton
764$7,650,000TrailWest Bank
765$7,583,000The Shelby County State Bank
766$7,550,000First Community Bank
767$7,500,000Peach State Bank & Trust
768$7,477,000Home Federal Savings Bank
769$7,441,000Eagle Bank and Trust Company
770$7,425,000SouthStar Bank, S.S.B.
771$7,414,000The Torrington Savings Bank
772$7,406,000Fortifi Bank
773$7,376,000Great Plains National Bank
774$7,365,000Farmers and Merchants Bank of St. Clair
775$7,362,000Community First Bank of Indiana
776$7,353,000River Valley Community Bank
777$7,348,000Armstrong Bank
778$7,340,000Live Oak Banking Company
779$7,282,000Abbeville Building & Loan (A State-Chartered Savings Bank)
780$7,194,000Warsaw Federal Savings and Loan Association
781$7,184,000Dime Bank
782$7,141,000Bank of the Pacific
783$7,112,000Fidelity Bank & Trust
784$7,083,000Providence Bank & Trust
785$6,985,000American National Bank of Minnesota
786$6,972,000Dogwood State Bank
787$6,771,000Great North Bank
788$6,763,000First Community Bank
789$6,728,000HomeTown Bank
790$6,675,000Border Bank
791$6,638,000PeoplesBank, a Codorus Valley Company
792$6,635,000Axiom Bank
793$6,560,000Farmers and Merchants Trust Company of Chambersburg
794$6,544,000SAVIBANK
795$6,497,000First American Bank
796$6,451,000Trustar Bank
797$6,445,000Global Bank
798$6,401,000The Equitable Bank, S.S.B.
799$6,396,000First State Community Bank
800$6,376,000The First National Bank of Granbury
801$6,355,000Resource Bank
802$6,344,000Commerce State Bank
802$6,344,000Royal Business Bank
804$6,313,000Bluestone Bank
805$6,310,000SpiritBank
806$6,265,000Merchants & Planters' Bank
807$6,224,000The Farmers Bank, Frankfort, Indiana
808$6,175,000First Bank Chicago
809$6,061,000The Jacksboro National Bank
810$6,000,000Amalgamated Bank of Chicago
810$6,000,000Bessemer Trust Company
810$6,000,000Lake Shore Savings Bank
813$5,917,000Starion Bank
814$5,884,000CNB Bank and Trust, N.A.
815$5,848,000The First National Bank in Carlyle
816$5,836,000Oostburg State Bank
817$5,825,000First Vision Bank of Tennessee
818$5,763,000First Northern Bank of Wyoming
819$5,733,000Metro Bank
820$5,706,000Banterra Bank
821$5,661,000Peoples State Bank
822$5,618,000Cornerstone National Bank & Trust Company
823$5,604,000Equitable Bank
824$5,593,000Community Bank
825$5,513,000Manufacturers Bank & Trust Company
826$5,510,000Jackson County Bank
827$5,495,000Peoples Bank
828$5,432,0001st State Bank
829$5,396,000Focus Bank
830$5,383,000Citizens Bank
831$5,376,000Jefferson Bank
832$5,352,000Edmonton State Bank
833$5,304,000EAGLE.bank
834$5,272,000Norway Savings Bank
835$5,229,000American State Bank
836$5,188,000Troy Bank & Trust Company
837$5,180,000First Liberty Bank
838$5,105,000First State Bank
839$5,095,000Quail Creek Bank
840$5,000,000First National Bank of Kansas
840$5,000,000Royal Banks of Missouri
840$5,000,000The Bennington State Bank
843$4,998,000FCB Banks
844$4,928,000Jersey Shore State Bank
845$4,917,000HNB First Bank
846$4,900,000Herring Bank
847$4,890,000RiverHills Bank
848$4,888,000Citizens National Bank, N.A.
849$4,832,000Bank OZK
850$4,810,000Citizens State Bank of Waverly, Inc.
851$4,789,000Winchester Savings Bank
852$4,751,000PriorityOne Bank
853$4,722,000Community Resource Bank
854$4,712,000State Bank of Southwest Missouri
855$4,670,000The Port Washington State Bank
856$4,654,000Southwest Bank
857$4,632,000First National Bank of Gillette
858$4,627,000Guadalupe Bank
859$4,624,000Peoples National Bank , N.A.
860$4,613,000Dallas Capital Bank
861$4,592,000American Heritage Bank
862$4,573,000Ohnward Bank & Trust
863$4,484,000Forest Park National Bank and Trust Company
864$4,471,000Availa Bank
865$4,440,000First National Bank of Brookfield
866$4,420,000SouthTrust Bank, N.A.
867$4,250,000First State Bank & Trust Company
868$4,192,000First State Bank
869$4,191,000First Federal Savings Bank of Twin Falls
870$4,180,000FirstBank Southwest
871$4,152,000Bank of Hays
872$4,093,000Farmers State Bank
873$4,088,000Byron Bank
874$4,060,000Citizens State Bank of Roseau
875$4,053,000Blue Ridge Bank
876$4,032,000The State Bank of Faribault
877$4,027,000City State Bank
878$4,000,000Texas Heritage Bank
878$4,000,000The Fidelity Deposit and Discount Bank
880$3,988,000Citizens Bank & Trust Company of Vivian, Louisiana
881$3,987,000The Bank of Forest
882$3,922,000Citizens Bank of Kansas
883$3,876,000First National Bank
884$3,846,000Vision Bank
885$3,749,000Chambers Bank
886$3,745,000Mountain View Bank of Commerce
887$3,694,000Grundy Bank
888$3,685,000Community National Bank
889$3,672,000American Bank
890$3,661,000McClain Bank
891$3,650,000Goodfield State Bank
892$3,645,000BankVista
893$3,603,000Bank of the Flint Hills
894$3,592,000Luana Savings Bank
895$3,540,000Alliant Bank
895$3,540,000Isabella Bank
897$3,506,000The Gunnison Bank and Trust Company
898$3,471,000Northview Bank
899$3,457,000First Bankers Trust Company
900$3,407,000Somerset Trust Company
901$3,403,000Legacy Bank
902$3,400,000Mid America Bank
903$3,370,000WNB FINANCIAL, N.A.
904$3,356,000First State Bank
905$3,324,000De Witt Savings Bank
906$3,322,000First Midwest Bank of the Ozarks
906$3,322,000SULLIVAN BANK
908$3,318,000NBC OKLAHOMA
909$3,259,000BankFirst
910$3,227,000HomeTrust Bank
911$3,225,000Platte Valley Bank
912$3,190,000Grand River Bank
913$3,185,000Alliance Bank
914$3,152,000Madison County Bank
915$3,148,000Palmetto State Bank
916$3,141,000Century Bank and Trust
917$3,138,000Farmers Bank & Trust Company
918$3,133,000First Midwest Bank of Dexter
919$3,132,000Premier Bank
920$3,121,000First Bank Elk River
921$3,107,000First Federal Savings Bank of Champaign Urbana
922$3,099,000The Honesdale National Bank
923$3,094,000Bank of Abbeville & Trust Company
924$3,093,000First Federal Bank
925$3,047,000First Central State Bank
926$3,031,000Bank of Franklin County
927$3,029,000Woodsville Guaranty Savings Bank
928$3,024,000First Oklahoma Bank
929$3,013,000State Savings Bank
930$2,990,000Farmers Savings Bank
931$2,947,000Community Savings Bank
932$2,943,000The First National Bank of Moose Lake
933$2,916,000FirstCapital Bank of Texas
934$2,887,000Bath Savings Institution
935$2,853,000Citizens Bank of Ada
936$2,807,000The Bippus State Bank
937$2,800,000Central Savings Bank
938$2,796,000Legends Bank
939$2,785,000Citizens State Bank of Loyal
940$2,777,000People's Bank of Seneca
941$2,770,000Guaranty Bank & Trust, N.A.
942$2,759,000Security National Bank of Omaha
943$2,746,000United Bank of Iowa
944$2,730,000Middletown Valley Bank
945$2,721,000State Savings Bank
946$2,690,000BankIowa
947$2,684,000The Roscoe State Bank
948$2,616,000Commercial Bank & Trust Co.
949$2,610,000International Bank of Commerce
950$2,606,000Lee Bank
951$2,600,000Badger Bank
952$2,587,000Timberland Bank
953$2,527,000Iowa Savings Bank
954$2,511,000TriStar Bank
955$2,411,000First Community Bank
956$2,380,000Ennis State Bank
957$2,366,000United Community Bank
958$2,362,000Heritage Community Bank
959$2,345,000First Federal Bank
960$2,344,000Hiawatha National Bank
961$2,342,000Marion County State Bank
962$2,334,000F & M Bank
963$2,329,000FORTE BANK
964$2,314,000Sauk Valley Bank & Trust Company
965$2,280,000The Fairfield National Bank
966$2,277,000Woodland Bank
967$2,252,000The First National Bank of Bemidji
968$2,247,000Woodlands National Bank
969$2,236,000Nebraska Bank of Commerce
970$2,216,000Waumandee State Bank
971$2,200,000The Bank of Clarendon
972$2,135,000AbbyBank
973$2,133,000Bank Forward
973$2,133,000Citizens State Bank
975$2,119,000Reliance Bank
976$2,110,000Progressive Bank
977$2,107,000Citizens Community Federal
978$2,087,000TBK BANK, SSB
978$2,087,000The Citizens National Bank of Meridian
980$2,067,000First Nebraska Bank
981$2,061,000Old Dominion National Bank
982$2,059,000FirstBank of Nebraska
983$2,047,000Anchor D Bank
984$2,046,000Lake Elmo Bank
985$2,039,000Citizens Community Bank
986$2,038,000Mechanics Bank
987$2,029,000Eagle Bank
988$2,017,000Platte Valley Bank
989$2,000,000North Valley Bank
990$1,974,000Heritage Bank of the Ozarks
991$1,955,000Norwood Co-operative Bank
992$1,931,000First Farmers & Merchants Bank
993$1,916,000Riverside Savings Bank, SSB
994$1,903,000Bank of Wisconsin Dells
995$1,895,000Provident State Bank, Inc.
996$1,892,000American Business Bank
997$1,885,000Sentry Bank
998$1,883,000Pine Country Bank
999$1,829,000Pinnacle Bank
1000$1,826,000The First National Bank of River Falls
1001$1,823,000American State Bank & Trust Company of Williston
1001$1,823,000DMB Community Bank
1003$1,800,000West Plains Bank and Trust Company
1004$1,736,000First Whitney Bank and Trust
1005$1,734,000The Western State Bank
1006$1,723,000Citizens Bank
1007$1,716,000First National Bank of Pulaski
1008$1,715,000Homeland Community Bank
1009$1,709,000Think Mutual Bank
1010$1,627,000Bank of Eastern Oregon
1011$1,606,000Hometown Bank
1012$1,604,000Community Trust Bank, Inc.
1013$1,600,000The Savings Bank
1014$1,594,000Citizens Bank Minnesota
1015$1,590,000Horicon Bank
1016$1,587,000County Bank
1017$1,583,000Sunrise Banks
1018$1,581,000Farmers & Merchants State Bank
1019$1,579,000Valley Bank of Ronan
1020$1,564,000CUSB Bank
1021$1,557,000The Bank of Denver
1021$1,557,000WOODTRUST BANK
1023$1,555,000Great American Bank
1024$1,553,000South Story Bank & Trust
1025$1,550,000Osgood Bank
1025$1,550,000Security Savings Bank
1027$1,549,000Foresight Bank
1028$1,526,000Southern Heritage Bank
1029$1,521,000LifeStore Bank
1030$1,513,000GNBank
1031$1,509,000CenterBank
1032$1,508,000Phelps County Bank
1033$1,500,000Bank of Monticello
1034$1,495,000First Southern State Bank
1035$1,492,000Union State Bank
1036$1,488,000Settlers Bank
1037$1,442,000American Bank and Trust Company
1038$1,434,000Central State Bank
1039$1,432,000Bank of Deerfield
1040$1,431,000American Bank of Beaver Dam
1041$1,428,000Royal Bank
1042$1,426,000Commercial Bank
1043$1,417,000Lake Central Bank
1044$1,406,000Hilltop National Bank
1045$1,393,000Exchange Bank
1046$1,378,000Home Bank and Trust Company
1047$1,375,000Bloomsdale Bank
1048$1,364,000First New Mexico Bank, Las Cruces
1049$1,355,000Southwest Missouri Bank
1050$1,352,000Five Star Bank
1051$1,344,000Reliance Savings Bank
1052$1,336,000Farmers Savings Bank
1053$1,319,000BNA Bank
1054$1,300,000The Peoples Community Bank
1055$1,288,000Elkhorn Valley Bank & Trust
1056$1,257,000WCF Financial Bank
1057$1,252,000South Louisiana Bank
1058$1,247,000PremierBank
1059$1,238,000The Hershey State Bank
1060$1,217,000Bank of The Rockies
1061$1,211,000Home Federal Savings and Loan Association of Grand Island
1061$1,211,000Peoples Trust Company of St. Albans
1063$1,210,000Exchange Bank and Trust Company, Natchitoches, Louisiana
1064$1,202,000United Bank of Union
1065$1,159,000Collins State Bank
1066$1,148,000Community State Bank of Rock Falls
1067$1,142,000HomeBank
1068$1,130,000Grand Rapids State Bank
1069$1,124,000Security First Bank of North Dakota
1070$1,120,000Alliance Bank
1070$1,120,000First Bank Richmond
1072$1,106,000ESB Financial
1073$1,099,000Elysian Bank
1074$1,088,000United Valley Bank
1075$1,084,000Apple River State Bank
1076$1,081,000First Security Bank and Trust Company
1077$1,073,000Bank of Milton
1078$1,064,000Southern Bank
1079$1,061,000Sound Community Bank
1080$1,043,000Central Bank Illinois
1081$1,036,000Profinium, Inc.
1082$1,026,000The City National Bank of Sulphur Springs
1083$1,021,000Austin Bank, Texas
1084$1,018,000Farmers Savings Bank
1085$1,010,000Mound City Bank
1086$1,000,000First National Bank in Okeene
1087$988,000Wells Bank
1088$979,000The Citizens Bank
1089$964,000Frontier Bank
1090$963,000TruCommunity Bank
1091$958,000StonehamBank, A Co-operative Bank
1092$948,000North Dallas Bank & Trust Co.
1093$945,000Wolf River Community Bank
1094$944,000Arcadian Bank
1095$940,000Hoosier Heartland State Bank
1096$935,000Citizens Alliance Bank
1097$933,000Vantage Bank
1098$921,000Marquette Bank
1098$921,000The American National Bank of Texas
1100$898,000Concordia Bank & Trust Company
1101$892,000Citizens First Bank
1102$890,000LincolnWay Community Bank
1103$880,000Citizens Tri-County Bank
1104$879,000Farmers Trust and Savings Bank
1105$861,000CNB Bank, Inc.
1106$844,000First State Bank of Middlebury
1107$840,000Premier Bank Rochester
1108$835,000Field & Main Bank
1109$833,000Farmers State Bank
1110$831,000BANKWEST
1111$821,000Harmony Bank
1112$815,000Charter Bank
1113$795,000NSB Bank
1114$789,000Woodford State Bank
1115$784,000Bank of Lake Mills
1116$783,000Sycamore Bank
1117$780,000First State Bank
1118$761,000First Robinson Savings Bank
1119$756,000Denmark State Bank
1120$755,000First Citizens State Bank
1121$749,000Lea County State Bank
1122$744,000Community Partners Savings Bank
1123$730,000Flagship Bank Minnesota
1124$724,000Iowa State Bank
1125$721,000Citizens State Bank
1125$721,000Sterling State Bank
1127$710,000Citizens Bank
1128$709,000Farmers State Bank
1129$694,000Village Bank
1130$687,000Cornerstone Community Bank
1130$687,000Two Rivers Bank & Trust
1132$680,000Premier Bank
1133$675,000Security State Bank of Kenyon
1134$654,000Ridgewood Savings Bank
1135$651,000Builtwell Bank
1136$650,000River Bank
1137$649,000Park Bank
1138$641,000F&M Bank
1139$640,000Municipal Trust and Savings Bank
1140$638,000First Keystone Community Bank
1141$637,0001st United Bank
1142$618,000First Bank, Upper Michigan
1143$615,000Rayne Building and Loan Association
1144$605,000City Bank & Trust Co.
1144$605,000First Community Bank
1146$602,000First State Bank of DeKalb County
1147$598,000Custer Federal State Bank
1147$598,000Exchange State Bank
1149$593,000The Peoples Bank
1150$591,000The Farmers State Bank of Westmoreland
1151$590,000GNB Bank
1152$572,000Union State Bank
1153$566,000Ozark Bank
1154$565,000Security Bank
1155$560,000Greenville National Bank
1156$558,000Union State Bank
1157$552,000ProGrowth Bank
1158$540,000TruBank
1159$531,000The Bank of Elk River
1160$524,000First State Bank
1161$519,000CBBC Bank
1162$515,000Lake Region Bank
1163$510,000North Shore Bank, a Co-operative Bank
1164$503,000Halstead Bank
1165$500,000First Northern Bank of Dixon
1165$500,000First State Bank
1167$499,000Dean Co-operative Bank
1168$496,000Westbury Bank
1169$495,000Union State Bank of Hazen
1170$488,000The National Bank of Blacksburg
1171$487,000First Independence Bank
1172$485,000Heritage Bank
1172$485,000Peoples Savings Bank of Rhineland
1174$484,000Federation Bank
1174$484,000South Ottumwa Savings Bank
1176$477,000First National Bank in Olney
1177$475,000Grant County Bank
1178$470,000FreedomBank
1179$458,000United Citizens Bank of Southern Kentucky
1180$454,000Chelsea Groton Bank
1181$444,000State Bank & Trust Co.
1182$404,000Security Federal Savings Bank of McMinnville
1183$396,000National Exchange Bank and Trust
1184$395,000The Miners State Bank
1185$392,000Lyons Federal Bank
1186$390,000Bellevue State Bank
1187$388,000Bridge Community Bank
1188$374,000Commercial Trust Company of Fayette
1189$370,000First Missouri State Bank
1189$370,000Leighton State Bank
1191$365,000PEOPLES BANK OF MIDDLE TENNESSEE
1191$365,000The Clinton National Bank
1193$362,000Territorial Savings Bank
1194$352,000Guthrie County State Bank
1195$350,000MRV Banks
1196$344,000Raccoon Valley Bank
1197$340,000The First National Bank of Pandora
1198$321,000The Citizens Bank
1199$319,000Chesapeake Bank of Maryland
1200$318,000Citizens State Bank Norwood Young America
1201$316,000Farmers and Merchants Union Bank
1202$308,000Reliance State Bank
1203$306,000Cleveland State Bank
1204$304,000Third Coast Bank, SSB
1205$291,000Golden Belt Bank, FSA
1206$290,000Citizens Community Bank
1207$287,000First State Bank and Trust
1208$285,000Mercer Savings Bank
1208$285,000Town & Country Bank
1210$282,000Interaudi Bank
1211$280,000First New Mexico Bank of Silver City
1212$273,000Patriots Bank
1213$256,000First Farmers & Merchants National Bank
1214$250,000Merchants & Farmers Bank of Greene County, Alabama
1215$243,000Security Bank of Pulaski County
1216$242,000Connecticut Community Bank
1217$240,000First National Bank in New Bremen
1218$223,000Peoples Savings Bank
1219$221,000Premier Bank
1220$217,000Farmers State Bank of Alto Pass, Ill.
1221$212,000Milford Federal Bank
1222$210,000Cornerstone State Bank
1223$200,000North American Banking Company
1224$192,000Citizens Bank of Rogersville
1225$188,000Capitol Bank
1226$176,000Success Bank
1227$174,000Woodlands Bank
1228$172,000People's Bank and Trust Company of Pickett County
1229$171,000Bank of Luxemburg
1229$171,000The Stephenson National Bank and Trust
1231$170,000The Union Bank
1232$153,000State Bank of Graymont
1233$150,000Bank of Prairie du Sac
1233$150,000Connections Bank
1235$147,000The National Bank of Middlebury
1236$138,000Midwest Heritage Bank, FSB
1237$128,000Farmers State Bank
1238$112,000The Harvard State Bank
1239$106,000Savings Bank of Mendocino County
1240$87,000Spring Valley City Bank
1241$78,000Marathon Bank
1242$76,000Home State Bank
1243$64,000Coulee Bank
1244$62,000Green Belt Bank & Trust
1245$54,000Consumers National Bank
1246$14,000The Citizens State Bank
1247$9,000Citizens First Bank
1247$9,000Keystone Savings Bank
1249$6,000Century Bank and Trust
1249$6,000Peoples Bank and Trust Company
1251$4,000Holcomb Bank
1252$1,000Peoples Exchange Bank
1253$01st Advantage Bank
1253$01st Bank in Hominy
1253$01st Bank of Sea Isle City

You can verify these numbers through the Office of the Comptroller of the Currency (Page 18) HERE

Link

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It is widely accepted that the media often spreads misinformation and hides any truth that challenge the establishments narratives. Well, this is one of those hidden truths...
 
Loans without Banks, Trades without Exchanges, Contracts without Lawyers. Peer to Peer Capital Markets disrupts traditional finance by removing middlemen and counter-party risk, enabling you to become your own bank by holding the keys to it all in your own privately held digital wallet.
 
To what lengths do you think the establishment would go to defend their control of the financial system? A system seemingly ripe with market manipulation, naked shorts, money laundering and regulatory capture.

The Myth of Open Source

For context, in the realm of open source, major corporations can engage in Intellectual Property theft by using open source projects to gain insights, technology, or legal protections without fully reciprocating to the community. Companies might contribute code to an open source project, only to later use that same code in commercial products, extending it with enhancements, essentially using open source as a low-cost R&D resource. Patents are crucial here, serving as a defense mechanism. Although open-source licenses cover copyrights, they don't extend to patents, meaning that companies holding patents can enforce legal protections against unauthorized commercial use, ensuring that any commercial application of their patented technology within open-source software requires proper licensing or recognition. This protection has historically led to the hyper-growth of industries like mobile phones and the internet, where patented technologies could be safely shared and built upon, promoting innovation and market expansion.
 

Validating Inventorship

In fields such as technology, pharmaceuticals, and manufacturing, patents are vital for safeguarding new inventions, with Nikola Tesla's extensive patent portfolio serving as a testament to his contributions to science.
 
However, Tesla's revolutionary inventions, like the Wardenclyffe Tower which aimed at providing free wireless energy, faced fierce opposition due to their potential to disrupt established control over energy markets. Financially sabotaged by investors like J.P. Morgan, legally challenged through "the war of currents" by Thomas Edison's promotion of the less efficient Direct Current system, and undermined by media smear campaigns, Tesla's work was systematically suppressed. After his death, the FBI's seizure of his documents further suggests efforts to control or conceal his ideas that could disrupt centralized energy distribution, illustrating how innovation can be stifled to maintain existing power structures.
 
Could this type of suppression still be happening today?
 

The Genesis of Decentralized Finance

Reggie Middleton first introduced Distributed Finance what would later become known as Decentralized Finance (DeFi), in 2013 when he invented and patented technologies under the title "Devices, systems, and methods for facilitating low trust and zero trust value transfers." This included groundbreaking concepts like programmable Smart Contracts, Swaps, Tokenized Assets, NFTs, Stable Coins, Digital Wallets, and even underpin Central Bank Digital Currencies (CBDCs).
 
 
Called by many as "The Most Valuable Property in the World", his patents US11196566B2, US11895246B2, JP6813477B2, JP7204231B2, JP7533974B2, & JP7533983B2 have been cited over 138 times by major financial institutions, underscoring their foundational role in the blockchain industry.
 

His patents cover:

  • Trustless Peer-to-Peer Value Transfers: Systems for enabling decentralized and secure value transfers between parties without the need for intermediaries. Applicable to cryptocurrency transactions, DeFi platforms, and digital payment systems.
  • Decentralized Financial Systems (DeFi): Methods and devices that facilitate decentralized trading, lending, borrowing, and yield generation. Impacting decentralized exchanges (DEXs) like Uniswap, SushiSwap, and similar platforms.
  • Smart Contracts: Implementation of self-executing contracts on blockchain networks, used to automate agreements and enforce conditions without intermediaries. Essential for platforms such as Ethereum, Cardano, and other Layer-1 and Layer-2 blockchain protocols.
  • Tokenized Asset Trading: Methods for creating, transferring, and trading tokenized assets, including cryptocurrencies, non-fungible tokens (NFTs), and digital securities. Platforms like OpenSea, Rarible, and asset tokenization platforms may fall within the scope.
  • Cryptographic Security and Wallet Systems: Systems for securing digital assets using cryptographic methods, including cold storage, multi-signature wallets, and multi-party computation (MPC). Potential overlaps with services offered by companies like Coinbase, Kraken, Gemini, and institutional custody providers.
  • Decentralized Identity and Verification Systems: Technologies for managing and verifying digital identities on decentralized networks, including for KYC (Know Your Customer) purposes. Likely touching on identity solutions like Civic, BrightID, and Blockstack.
  • Blockchain-Based Voting and Governance: Systems for implementing decentralized voting, governance, and consensus mechanisms, foundational to DAO (Decentralized Autonomous Organizations). Relevant to governance platforms like Aragon, Snapshot, and MakerDAO.
  • AI Economic Agentic Computing: First introduced by the VeADIR Platform refers to the application of autonomous agents in economic systems, where software entities can make decisions, negotiate, and execute transactions independently. These agents use artificial intelligence to analyze market data, predict trends, and optimize economic activities like trading, resource allocation, and supply chain management. Used by OpenAi, Claude Sonnet, Meta and xAI.

The societal value of these patents to disrupt traditional financial models and fintech business practises, by essentially removing the banks as middlemen, create significant economic incentives to suppress his work.
 

True Decentralization

Current Decentralized Exchanges (DEXs) often fall short of being truly decentralized due to various practical and structural limitations. Although DEXs leverage blockchain technology and smart contracts to enable trading without a central authority, aspects like governance, liquidity, and user interface can introduce centralization. Governance tokens might be concentrated in the hands of a few, influencing decision-making unevenly. The frontend, controlled by developers, represents a centralized point of control or potential failure. Liquidity pools can be dominated by a handful of large providers, leading to centralized liquidity dynamics. Some DEXs implement regulatory compliance like KYC/AML, which inherently involves centralized oversight. The use of layer-2 solutions for scalability might also undermine decentralization if not fully autonomous.
 
However, patents like US11196566B2 and US11895246B2 could pave the way for true decentralization by introducing innovations in blockchain interoperability and decentralized governance mechanisms. These patents potentially offer solutions for more evenly distributed control over exchange operations, enhancing the autonomy and distribution of decision-making, thus moving closer to genuine decentralization in the DEX ecosystem, which can be expanded to other industries like Healthcare, Supply Chain, or any other industry that trades value.
 

Who is Reggie Middleton?

Reggie Middleton, through his BoomBustBlog, became a notable figure in financial analysis, particularly for his early and accurate predictions regarding the collapses of Lehman Brothers and Bear Stearns during the 2008 financial crisis. His blog was renowned for providing in-depth, contrarian insights into economic trends, investment opportunities, and corporate vulnerabilities. Reggie won the CNBC's stock draft consecutively for two years, and appeared on major financial news networks like CNBC, BBC and Bloomberg where he discussed market trends, his forecasts, and the implications of financial strategies adopted by major firms. His track record has undeniably positioned him as a significant voice in the financial commentary space.
 

Reggie's work gained public attention when he appeared on the Keiser Report and CNBC in 2014, premiering his innovations built on the Bitcoin blockchain called "Ultracoin", two years before Ethereum captured the crypto limelight.
 
 
His vision was to create sound markets for a financial ecosystem where loans could be issued without banks, trades executed without exchanges, and contracts enforced without lawyers, aiming to disintermediate traditional finance by removing the middleman that doesn't add value.
 

 
In 2014, Reggie pioneered a simple Apple trade using a Pure Bitcoin Wallet: The Ultracoin Client.
Ultracoin later renamed VERI short for “Veritaseum” meaning "of truth", was the
first to market in tokenizing precious metals, offering VeGold, VeSilver and even tokenized fiat currencies or so called "Stablecoins". Veritaseum also introduced VeRent creating yield through P2P lending, and the revolutionary VeADIR platform, an autonomous, blockchain-powered research platform that independently evaluates and acts on dynamic research in real-time, communicates in machine language, and operates by purchasing, analyzing, and distributing insights on various assets while allowing VERI token holders to access and trade this research.
 
In 2018 he created the worlds first Gold Denominated Blockchain Mortgage
with traditional written note, mortgage as well as a smart contract on a public blockchain, both of whom incorporate each other by reference. The transaction had traditional title insurance and the note was recorded with the county clerk. The mortgage was denominated in Veritaseum's VeGold product, a digital form of gold in bearer form, fully transferable and redeemable upon demand.
 
 
Merely a few examples of groundbreaking products offered by Veritaseum.
 

Coinbase's Challenge: The Patent Infringement Suit

Coinbase, a dominant force in the cryptocurrency exchange market, enlisted the services of Perkins Coie, one of the largest patent law firms, to contest the validity of Reggie Middleton's patents.
They launched an Inter Partes Review (IPR) at the Patent Trials and Appeals Board (PTAB), arguing that Middleton's patents lacked novelty. An overwhelming 85% of patents are invalidated through this process. However, Coinbase's challenge was denied along with the appeal, thereby upholding and strengthening the validity of Reggie's patents.
This IPR challenge came after Veritaseum sued both Coinbase and Circle USDC for $350 million each over patent infringement. Unfortunately, Reggie's patent attorney and close friend passed away during this suit, so the cases has been dismissed without prejudice, meaning they can be negotiated or the cases reopened at any time. This leaves Coinbase in a precarious position, especially if shareholders have not been properly informed of this risk.
 
This lawsuit details how Coinbase's infrastructure, specifically its Ethereum and Solana validator nodes, engage with client devices to facilitate transactions. Exhibit #3 meticulously outlines the patent's claims, detailing the roles of computing devices, the use of memory for key pair storage, network interfaces for transaction terms, and the generation and dissemination of transaction data records. It provides concrete examples such as the processing of NFT transactions on Ethereum and the management of transaction fees on Solana, supported by in-depth references to code and API interactions. Furthermore, the exhibit explains the verification of transactions through an external state, illustrating how Coinbase's technology aligns with the patent's principles for decentralized transaction processing without a central authority.
 

SEC's Intervention: A Turning Point

In 2019, with promising negotiations on the horizon with both the Jamaican and the Nigerian Stock Exchanges for digital asset platforms, Reggie's world was turned upside down.
 
The SEC accused Reggie of fraud, alleging he misled investors about the functionality of Veritaseum's VeADIR platform, which the SEC ordered to be shut down following a live demonstration. The SEC also made claims on the validity of Reggie's patent applications, which have since been approved by both the USPTO and the Japan Patent Office. Oddly enough, the SEC may actually infringe on these very patents through the disgorgement and storage of seized crypto tokens.
 
Despite Veritaseum's cooperation with the SEC over a two-year period, along with a detailed response addressing the SEC's allegations, and not one token holder claiming to be defrauded, these allegations still led to a Temporary Restraining Order (TRO) that froze millions in assets, destroying the company's operations, and forcing a consent judgment "neither confirming or denying the allegations". The SEC would top it all off with a gag order that barred Reggie from publicly discussing the matter.
 
Keep in mind, the SEC is claiming jurisdiction by calling Utility Tokens "Digital Asset Securities" but recently SEC Commissioner @HesterPeirce stated:
 
"...by using imprecise language we've been able to suggest the token itself is a security, apart from that investment contract, which has implications for Secondary Sales, it has implications for who can list it...
 
We've fallen down on our duty as a regulator not to be precise. So, tucking into a footnote that yes we admit that now that the TOKEN ITSELF IS NOT A SECURITY, that is something we should have admitted long ago and then started wrestling with the difficult questions."
 
 
This calls into question if the SEC even had jurisdiction to bring forth this case to begin with. The Veri Community would later challenge the SEC's unproven allegations against Reggie with
a Dossier supporting the Vacating or Setting Aside of this case, and suggesting possible misconduct by the SEC.
 

Allegations of SEC Misconduct:

  • Misrepresentation of Facts: Assertions that the SEC deliberately mischaracterized the
    functionality of the VeADIR platform, along with the patents and their value, by labeling them as lacking novelty and part of fraudulent activities.
  • Misleading Evidence: The SEC's use of declarations from Patrick Doody and Roseann Daniello, which contained misleading information about the personal ownership of a Kraken account used to misappropriate funds. Doody would later correct his statement, but the SEC did not update the court with this new information, potentially misleading the judicial process.
  • Conflict of Interest: Doody's undisclosed financial interests in the digital asset space through Lily Pad Capital LLC could suggest a bias in his testimony, which was pivotal in obtaining the TRO.
  • Coercion and Intimidation: Witnesses like Lloyd Cupp and John Doe provided affidavits claiming coercion by SEC attorneys to alter their testimonies, pointing towards witness tampering and intimidation.

placeholder

Summary Articles of the Bar Complaint and RICO Dossier

 

Comparisons with the SEC Misconduct in the DEBT Box Case

The DEBT Box case shares a troubling parallel with the Veritaseum case. In both cases a Temporary Restraining Order (TRO) freezing funds was issued using dubious evidence which suppressed the ability to defend themselves. This behavior was already admonished by five US Senators
in a letter to Commissioner Gary Gensler in which the SEC presented misleading claims in this now high-profile cryptocurrency case.
 
"Regardless of whether Commission staff deliberately misrepresented evidence or unknowingly presented false information, this case suggests other enforcement cases brought by the Commission may be deserving of scrutiny. It is difficult to maintain confidence that other cases are not predicated upon dubious evidence, obfuscations, or outright misrepresentations."
 
Given the similarities in alleged procedural misconduct between the cases, it raises systemic questions about the SEC’s litigation approach in cryptocurrency matters.
 
 
This parallel underscores a potential agency-wide issue that could involve either implicit biases against crypto companies or an explicit strategy to pursue aggressive, potentially misleading tactics in court.
 

Is The Fox Guarding the Hen House?

In a significant development, the Attorney Grievance Committee (AGC) has decided to forward a complaint against SEC attorney Jorge Tenreiro to the SEC's Office of General Counsel (OGC) for investigation. This controversial move suggests a potential conflict of interest, given that the OGC is part of the SEC, the very agency where Tenreiro was recently promoted to Chief Litigation Counsel. The complaint, filed by the Veri community, accuses Tenreiro of misconduct including alleged coercion, witness tampering, and misrepresentation during SEC investigations. The Veri Community argues that this decision undermines the integrity of the legal process, as the OGC's role is to provide legal advice and defend the SEC, not to independently investigate its own employees. This raises questions about the impartiality and transparency of the disciplinary process for attorneys, especially when it involves high-profile figures like Tenreiro.
 
"As noted in re Rowe, 80 N.Y.2d 336 (1992), the public’s confidence in the legal profession depends on transparent and impartial disciplinary processes. Delegating oversight to the SEC, where Mr. Tenreiro remains a senior official and where the OGC has a clear institutional stake, jeopardizes this confidence and risks the appearance of protectionism.”
 
The VeriDAO has submitted a response letter to the AGC along with creating a PDF generator
to help the estimated 100 complainants and anyone else interested in requesting the AGC to reconsider this action.
 

Legal and Judicial Trials

The legal battles would only continue for Reggie. The case of Hall v. Middleton, in which Hall, a 1% shareholder sued Reggie, raises concerns of judicial bias and procedural mishandling. In this case, Reggie was denied Due Process and barred from presenting crucial evidence or calling witnesses due to his former attorneys' "Office Failures" that missed deadlines to submit evidence without the knowledge of Reggie or the firm Brundidge & Stanger that outsourced his counsel as detailed in their affirmations.
 
"In my many years of practice it is a rare instance where I have witnessed an attorney intentionally not file critical documents as required by Court Order without the permission or knowledge of his client, who had an established and fully developed attorney client-relationship with said attorney, and then misrepresent that the requirements of the Court Order were being satisfied. This is one of those instances and I hope not to see another."
~ Carl Brundidge
The judge ruled that Reggie must:
  • Pay a $1M fine to his company Veritaseum Inc., in which he owns 99%
  • The plaintiff was awarded costs of $495k against Veritaseum Inc.
  • The Judge ordered Patents (filed before the creation of Veritaseum Inc.) to be assigned to the company without compensation.

Attorney's "Office Failures":

  • Sheridan England missed critical deadlines, resulting in the striking of exculpatory evidence. England’s inaction or inadequate defense exacerbated Middleton’s legal vulnerability, directly leading to adverse outcomes.

Judge Schecter’s Conduct:

  • Ignoring Exculpatory Evidence: Despite knowledge of its existence, Schecter struck Middleton’s post-trial memorandum.
  • Procedural Bias: The judge’s decisions systematically favored Hall, including allowing him to collect attorney fees from Middleton personally, contrary to the principles of derivative law.
  • Forced Patent Transfers: Schecter’s order to transfer patents to an underfunded entity (Veritaseum) which were court restrained by the same judge, rendering them defenseless against attacks and IP theft.
This ordeal was compounded when Reggie was held in Contempt for using personal funds (while Veritaseum’s funds were court-restrained) to successfully defend his patents against an IPR challenge by Coinbase in the PTAB of the USPTO in an attempt to invalidate these patents. The Forced Patent Expropriation to Veritaseum without compensation or the ability to defend them could be seen as coordinated as it benefited very large competitors seeking to avoid licensing fees or infringement claims, or possibly even IP Theft.

ETHgate: The Broader Conspiracy Allegations

Parallel to Middleton's struggles, "ETHgate" emerged, involving allegations by Ethereum co-creator @StevenNerayoff. Nerayoff claimed a government conspiracy aimed at controlling or monopolizing cryptocurrency development by targeting key figures. This narrative suggested that by attacking innovators (like Reggie Middleton as the Veri Community contends), the SEC might have indirectly cleared a path for Ethereum, which, despite its decentralized claim, benefited from a regulatory environment less scrutinized than its competition.
 
The term "ETHgate" encapsulates the belief that Ethereum's "Free Pass" from regulatory scrutiny might not just be due to its technological merits but also due to strategic regulatory maneuvers, where attacking smaller or less established DeFi projects could safeguard larger, more influential platforms like Ethereum.
 
Back in 2021, @JohnEDeaton1 from @CryptoLawUS explained XRP's side of Ethereum's "Free Pass". More recently, further SEC RICO Claims are insinuated in "RIGGED from the start" a documentary by @Fruition_News , along with posts by @KuwlShow and the XRParmy involving the SEC, Ethereum, a16z, and Consensys surrounding the Bill Hinman speech. Active FOIA requests by @EleanorTerrett seek to shed light on meetings between Hinman and Ethereum members.
 
Given the SEC protection of ETH and the high probability of Ethereum infringing on Reggie Middleton's patents as meticulously detailed in Exhibit #3 of the Coinbase case, is it ridiculous to believe Reggie Middleton could have been targeted?
 

 

Community Support: The Backbone of Resilience

Despite the SEC's narrative labeling them as "The Defrauded," the Veritaseum community rallied around Reggie.
 
                          SmartMetal with embedded NFT avalaible through VeriDAO.io
 
Financially devastated and with his funds frozen, Reggie faced foreclosure and was threatened with jail time after contempt charges for defending his patents using personal funds. In a remarkable show of support, the Veri Community rallied, raising an impressive $149,000 in less than two weeks to cover the fine while the case is under appeal.
 
They funded legal battles largely through donations and more recently with innovative means like NFT silver rounds called SmartMetal using Reggie's patented technologies, underscoring their belief in his vision. The first minted round was auctioned off for an astonishing $14,000 won by "M S"
 
"There is no better witness to the veracity of any defense than the alleged defrauded defending the alleged fraud at their own expense"
~ The Veri Community
This community support was not just financial but also moral, with efforts such as an Amicus Brief in the case against XRP, a No Action Letter (NAL) seeking clarity on secondary market sales of tokens, a Bar Complaint against the SEC's newly promoted Chief Litigation Counsel, and the @dao_veri's
#ProjectSunlight The SEC RICO Revelation.
 

A Call for a New Regulatory Paradigm

 
Reggie Middleton's saga is emblematic of the challenges faced by pioneers in the blockchain and DeFi arenas. His patents, now granted, underscore their foundational nature, yet the path to their recognition was marred by legal battles, suggesting a systemic issue where the regulatory framework might not fully comprehend or support emerging tech. His resilience, supported by an unwavering community and the validation of his intellectual property, underscores the need for a regulatory environment that fosters rather than stifles innovation. As blockchain technology continues to evolve, Reggie's story serves as a critical reference for balancing innovation with legal and ethical governance, ensuring that the future of finance remains open to all, not just those with the resources to navigate the legal maze.
 
For more information visit https://veridao.io/
 
 
I know what everyones question is, "HOW CAN I GET MY HANDS ON THE $VERI TOKEN BEFORE EVERYTHING GETS REVERSED AND RELEASED BACK TO THE COMMUNITY?" 
 
Your in luck: Mark is a trusted source, longtime Veri Vet that beta tested the VeADIR platform. Simply follow the thread below. I highly advise picking up a few, and tuck them away! This is the token that could literally FLIP BITCOIN $100k and beyond!
 
 

The information provided in this video, including but not limited to documents regarding legal matters, is for informational purposes only. It does not constitute legal (or any other) advice, and no warranties or representations are made regarding the accuracy, completeness, or fitness of the information for any specific purpose. VeriDAO and its operators do not act as attorneys or legal, financial or technical professionals or advisors and are not responsible for any actions taken or decisions made based on the content provided. Users should seek independent legal counsel for any legal advice or guidance. By watching this video, you agree that VeriDAO and its operators shall not be held liable for any damages or legal consequences arising from the use or misuse of the information contained herein.

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Disclaimer:
 
The content provided in this document is intended strictly for informational and educational purposes only. This document constitutes a research opinion and should be regarded as such. All claims, statements, allegations, and opinions contained within are based on publicly available information and are allegations unless and until proven in a court of law. The authors expressly disclaim any representation or warranty regarding the truthfulness, accuracy, completeness, fitness for a particular purpose, or durability of the information contained herein.
 
The authors of this document are not licensed attorneys or legal professionals and do not claim to provide legal, financial, or professional advisory services. Nothing in this document should be construed as legal advice, legal opinion, or any form of licensed advisory counsel. If you require legal assistance or professional advice, you are strongly encouraged to consult a licensed attorney or qualified expert in the relevant field. The authors are laypersons presenting research-based opinions, and as such, this document should not be relied upon to make any decisions of legal, financial, or professional significance.
 
The authors make no guarantees, express or implied, regarding the completeness or reliability of the information presented. No warranties of any kind are offered regarding the accuracy, validity, timeliness, or completeness of any information within this document. The information may contain errors or inaccuracies, and any use of it is entirely at your own risk.
 
Furthermore, this document may contain statements of belief, criticism, or commentary, and all such statements are offered solely as opinions protected under the principles of free speech. The authors disclaim liability for any interpretation that may be construed as libel, slander, or defamation, as the document aims to present alleged facts and subjective opinions for educational research purposes only. All statements about individuals, organizations, or entities should be understood as unproven allegations, and readers are urged not to interpret them as established facts.
 
The authors will not be liable for any damages, losses, or legal consequences that arise from the use, misuse, or reliance on the information provided herein. No responsibility is assumed for any actions or decisions that any party may make based on this document. The reader assumes full responsibility for any and all consequences that may arise from using the information contained in this document.
 
By accessing and using this document, you agree that neither the authors nor any affiliated parties shall be held liable for any direct, indirect, incidental, special, consequential, or punitive damages resulting from your use of this information. The authors reserve the right to update or revise the information in this document at any time without notice, but they are under no obligation to do so.
Finally, any statements regarding individuals, entities, or organizations are not intended to malign, defame, or harm the reputation of those mentioned. Any resemblance to real individuals or incidents is purely coincidental, unless otherwise explicitly stated, and the authors urge readers to exercise caution and discernment when interpreting the information presented.
 
This document is a work-in-progress, part of an ongoing investigative process, and should not be treated as definitive or final. Readers are encouraged to independently verify the information and seek professional advice before acting on any information herein.
 
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SEC Drops Dealer Rule Appeal

 The US Securities and Exchange Commission (SEC) has abandoned its appeal of a contentious dealer rule designed to classify digital asset operations as regulated securities dealers broadly.

  • A federal judge ruled that the SEC had exceeded its authority by potentially categorizing nearly any participant in buying and selling securities as a dealer.

  • This decision is part of a broader reset in the SEC's approach to digital assets under new leadership.

  • The agency’s move to drop the appeal, amid concerns that continued litigation could reduce Treasury market liquidity and increase taxpayer costs.

  • Additionally, the SEC recently sought to pause its enforcement actions against Binance, indicating its readiness to resolve disputes through alternative means.

  • Blockchain Association CEO welcomed the dismissal, expressing hope for more productive discussions between regulators and the crypto industry as the US embraces a friendlier regulatory framework for digital assets.

What’s next: With acting chairman Mark Uyeda overhauling senior staff and legal strategies, the SEC is shifting away from its historically adversarial stance, a policy long associated with former chairman Gary Gensler.

For builders and investors: The new approach encourages constructive conversations between regulators and industry players, potentially leading to clearer guidelines and a more predictable operating landscape for both builders and investors.

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Tether Teams Up With US Lawmakers on Stablecoin Rules

Tether is reportedly working with members of the US House Financial Services Committee, specifically Representatives Bryan Steil and French Hill, to shape federal stablecoin regulations.

  • This includes contributing to the STABLE Act introduced by both lawmakers in early February, as well as offering input on two additional stablecoin bills.

  • According to Tether CEO Paolo Ardoino, the company wants its perspective heard during the legislative process and is prepared to adapt to US rules.

  • The new rules may include requirements like monthly reserve audits and 1:1 collateral backing.

  • Tether’s involvement comes amid broader regulatory discussions, including meetings between crypto industry leaders and the SEC, and the push to bring stablecoins onshore.

  • Meanwhile, the Federal Reserve is warming to stablecoins as a means of preserving the US dollar’s global dominance but remains concerned about risks such as de-pegging events and market fragmentation.

What’s Next: Tether’s collaboration with lawmakers suggests that stablecoin regulations could soon take a more defined shape and may introduce stricter compliance measures, including mandatory audits and full collateral backing.

Why it Matters: If lawmakers strike the right balance, stablecoins could cement their role in global finance, benefiting both the crypto industry and the broader economy.

Our Take: If Tether and other stablecoin issuers adapt to US regulatory frameworks, it could bring legitimacy to the stablecoin sector, encourage institutional adoption, and integrate crypto more deeply into the traditional financial system.

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