Ripple's Fortress Acquisition Shows the Brittleness of Crypto Infrastructure
The Breakdown
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An In-depth Analysis of the Firm's Financials, Liabilities, and Potential Actions
This chapter breaks down the firm's financials and liabilities, including securities, cash, and venture investments. It discusses the clawback strategy and explores options for dealing with customer clawbacks, as well as the potential liquidation of crypto holdings and the possibility of a reboot. The chapter concludes by emphasizing the importance of safety and caution in the industry.
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Transcript
