THE LAYER

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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

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

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

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

Crypto lender BlockFi files for bankruptcy in FTX collapse ripple effect

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

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.

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

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

Ripple Execs Blame SEC For BlockFi Demise - Bitcoinist

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

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

After The Collapse Of Major

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

Ripple General Counsel: SEC Finally Admits FTX Customers’ Assets

Ripple CEO Plans to Acquire Some FTX Businesses - BeInCrypto

According To Alderoty

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

FTX Can Start Mediation, File Counterclaims in BlockFi - CoinDesk