$SoFi Technologies Inc.(SOFI)$   That brings us to October when FTX declared bankruptcy after attempting to bail out Voyager using funds "borrowed" and lost, customers funds on its way to insolvency.

The risk here is not how much debt my Counter Party has ie. in your case as the investor it's SOFI, it's the risk of how much debt my Counter Party's Counter Party has, which in this case it's COIN.

I believe the regulators concern is that what would happen in the event of a failure of COIN.

In May in their Quarterly Report, in the risk disclosure it stated they might treat customers assets as COIN's assets in case of bankruptcy.

So would people trading through SOFI have their assets frozen by COIN and make them part of COIN's assets in the event of a failure and how would SOFI remedy this.