The loops.video instance has been submitted to #FediBlock with the reason being outlined below. I can't say I disagree, the terms of service presents a serious problem for user content rights, and this should be addressed before federation of loops.
Otherwise for the safety of your users I would highly suggest that instance admins defederate loops immediately once it comes online (assuming the TOS is not changed first)
https://bajsicki.com/blog/loops-video-terms/
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