Tag Archives: Luckeys

Erebor Says Palmer Luckey’s “Political Network” Will Help With Regulators

Erebor Says Palmer Luckey’s “Political Network” Will Help With Regulators

Anduril founder Palmer Luckey’s new digital bank, Erebor, told prospective investors in a fundraising memo that it expects federal banking regulators to approve its plans by late 2025 — a speedy timeline that it says is possible because of Luckey’s “political network” and the bank’s close ties to regulators. The memo said the bank anticipated receiving a charter from the …

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