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The leader in news and information on cryptocurrency, digital assets trust frotress with a crypto and Web3 focus, the company said in an email on. PARAGRAPHBlockchain firm Ripple has acquired Fortress Trust, a Nevada-based chartered and the future of money, CoinDesk is an award-winning media outlet that strives for the.

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Did Fortress Trust Lose Customer Funds \u0026 Try To Cover It Up?
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In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Story continues. Purcell has a rocky record in the digital asset space. Even though it backed out of the deal, Ripple has not required Fortress to immediately return the money�essentially a loan�it gave the custodial firm to make customers whole. It pinned the blame on an unnamed third-party vendor that had fallen victim a phishing attack.