Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy
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Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy
Ripple’s CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust.
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8.
