Fortress

(Alpha Rad/Unsplash)

Finance

Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust

CoinDesk has identified the vendor, previously blamed but not named by Fortress for the theft that helped spur the trust company's deal to sell itself to Ripple.

(Alpha Rad/Unsplash)

By Nikhilesh De Marc Hochstein Ian Allison

Sep 13, 2023 at 8:37 p.m. UTC

Sep 13, 2023

FortressRippleCustody

Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)

Finance

Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

A person with knowledge of the matter said the price tag was less than the $250 million it paid for custody firm Metaco in May.

Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)

By Jamie Crawley

Sep 8, 2023 at 3:00 p.m. UTC

Sep 8, 2023

RippleFortressFortress TechnologiesNevadamergers and acquisitionsWeb3

Crypto mining machines

Finance

Bitcoin Mining Firm Fortress Names Ex-Galaxy Digital Exec as New CEO

The company is undergoing a sweeping management reorganization as it tries to become a significant player in the bitcoin mining world.

Crypto mining machines

Sep 24, 2021 at 6:58 p.m. UTC

Sep 24, 2021

FortressBitcoin MinerCanadaHiresGalaxy Digital

Mt Gox

Markets

Investment Giant Fortress Issues New, Lower Buyout Offer for Mt Gox Creditor Claims

Creditors have until Dec. 31 to accept the offer, which is lower than one made previously.

Mt Gox

Dec 20, 2019 at 11:30 a.m. UTC

Dec 20, 2019

Mike2

Markets

Ex-Fortress Billionaire: Crypto Market Will Be 'Largest Bubble of Our Lifetimes'

A former principal at Fortress Investment Group is reportedly moving to establish a $500 million hedge fund focused on cryptocurrency and blockchain.

Mike2

By Stan Higgins

Sep 26, 2017 at 5:00 p.m. UTC

Sep 26, 2017

Mike Novogratzhedge fundsNewsFortress