Nevada Cracks Down on Fortress Trust: Crypto Custodian’s Last Stand
Once revered by over 250,000 users, Fortress strutted into the scene as Ripple’s hopeful bride, only to end up scarred and on the chopping block after a botched €15 million security booby trap in 2023. Now Nevada’s regulators, tired of the same old song about asset mismatches and cowboy bookkeeping, have slapped a cease-and-desist order on Fortress, freezing its assets faster than you can say “solvency.”


