Ripple blames the SEC for BlockFi’s bankruptcy, as the crypto lender sues Sam Bankman-Fried for his Robinhood shares.
Crypto lender BlockFi filed for bankruptcy earlier this week, after suspending withdrawals, due to its association with failed exchange FTX. Yet, Ripple general counsel Stuart Alderoty seems to think the blame lies more with the Securities and Exchange Commission.
Ripple Blames the SEC
Last year, securities regulators in several US states, along with the federal regulator, brought legal action against the firm. According to regulators, BlockFi was effectively offering…
