Cryptocurrency Q&A
Who owns fortress bitcoin?
Who owns fortress bitcoin?
Martina
Thu Feb 20 2025
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5
answers
1020
I am trying to find out who owns Fortress Bitcoin. I am curious about the ownership structure of this company and would like to know the identity of the owner or owners.
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5 answers
KatanaGlory
Sat Feb 22 2025
Fortress, a company in the cryptocurrency space, faced a significant hack that led to substantial losses.
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LightningStrike
Sat Feb 22 2025
Following the hack, Ripple stepped in and acquired Fortress, taking over its operations.
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CosmicWave
Sat Feb 22 2025
As part of the acquisition, Ripple agreed to cover the losses incurred from the hack, demonstrating its commitment to the stability of the cryptocurrency ecosystem.
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benjamin_cole_nurse
Sat Feb 22 2025
Swan, a Bitcoin maximalist, holds strong principles regarding the decentralized nature of Bitcoin. This ideological stance creates a conflict with Ripple's role as the custodian of its customers' BTC.
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GeishaMelody
Fri Feb 21 2025
Both Prime Trust and Fortress share a common founder, Scott Purcell. This connection is likely not lost on Swan, who is likely aware of the interlinked history and operations of these two companies.
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