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Results for Spotlight, Fortress Trust

3 stories, newest first

Two crypto custodians involving Scott Purcell both collapsed after a disturbingly similar pattern of financial mismanagement.

No reason has been given for abandoning the Fortress acquisition but Ripple CEO Brad Garlinghouse said that his firm will remain an investor.

Sep 12, 2023 — Banq, BitGo

Fortress Trust claimed that its hack resulted in "no loss of funds," but Ripple statements say the acquisition will make "customers whole."