Ripple CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.
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A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8.
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The financial group increased its offer to creditors’ claims on the defunct crypto exchange from 70% to 88%.
2825 Investor Mike Novogratz calls Bitcoin a bubble, but it won't stop him making money with it
22842After Fortress Investment Group LLC filed its report for the Securities and Exchange Commission for the year 2013, it a loss of $3,7 million have been uncovered due to the vast investment into Bitcoin. However, it seems like they do not regard it as loss.
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