Rifts have emerged between defaulted crypto trading firm Orthogonal Trading and its own lending unit, Orthogonal Credit, after an apparent default on some $36 million of loans on the blockchain-based lending platform Maple Finance.

Officials with Orthogonal Credit have come forward with a Medium post claiming they were kept out of the loop on the depth of Orthogonal Trading’s financial troubles and weren’t aware of the hole in the trading book. Orthogonal Credit, which oversaw a $30 million stablecoin lending pool named Orthogonal Trading - USDC001 on Maple, was also booted from Maple’s protocol.

Orthogonal Trading, in its own brief statement released late Monday, acknowledged that it was “severely impacted by the collapse of FTX” and had been “working closely with a potential strategic investor regarding fresh funding to cover all outstanding liabilities, with good progress being achieved,” but the money didn't come through in time to meet the $10 million payment due.