Yeah, a person that ognored rules from both, the SEC and FTC, is a perfect candidate to run a bank. Sounds plausible so, in the sense of that being Elon's plan.
Incidentally Gary Rever was the one outside director who came on the board with Chalopin during the takeover. Perlman and Olveira joined the following year.
Looking at the Internet Archive's copy of "moonstonebank.com" from before the crash:
CEO: Ron Oliveira. There's a new CEO now.
Lots of crypto-related material.
Most useful links end at "Request Early Access" or "Contact Us". It doesn't look like they really wanted customers.
> Could have been part of a larger plan which collapsed with FTX.
Unclear. The bank may have been used by FTX in some way. But it looks like tying it into the FTX empire in a way visible to customers didn't happen.