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Last updated: June 18, 2025, 06:14  |  Written by: Charlie Shrem

Machine Learning Algorithm
Machine Learning Algorithm

FTX fall was ‘incredibly damaging,’ crypto must foster real utility

Will Ripple end up sharing the same fate as FTX, BlockFi? - Watcher

Ripple Execs Blame SEC For BlockFi Demise - Bitcoinist

Ftx B

From BlockFi to Genesis, crypto firms reel from exposure to FTX

After the collapse of major cryptocurrency exchange FTX, the industry has felt a ripple effect due to the exposure of many companies to FTX and its affiliated trading firm Alameda

FTX b/cy shows a $250M loan to BlockFi and now customer funds are blocked. As the Ripple legal counsel goes on to explain, the SEC is marketing the deal as a victory for protecting small

A Particular User Opined That

Ripple’s APAC policy director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus

A particular user opined that sooner or later Ripple could end up treading on the same path as FTX, BlockFi. In fact, the person also went on to outrightly question Schwartz if he

The bankruptcy filing at a New Jersey court will allow BlockFi and its affiliates to stabilise business and restructure debts under court supervision.

According To Alderoty

FTX Can Start Mediation, File Counterclaims in BlockFi - CoinDesk

According to Alderoty, the Securities and Exchange Commission recently admitted that FTX and Alameda Research execs – Sam Bankman-Fried and Caroline Ellison –

Ripple CEO Plans to Acquire Some FTX Businesses - BeInCrypto

Ripple General Counsel: SEC Finally Admits FTX Customers’ Assets

What would the future of BlockFi look like, given the current FTX

Crypto lender BlockFi files for bankruptcy in FTX collapse ripple effect

It

A U.S. judge ordered the end of an automatic stay on proceedings between bankrupt crypto firms FTX and BlockFi, meaning the two can start negotiating a claims settlement.

It's possible that Alameda owns part of FTX, which could result in a reverse situation where Alameda's creditors that are otherwise in good shape, like BlockFi, would actually end up owning

Charlie Shrem can be reached at [email protected].

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