BitGo

Ripple bails out Fortress Trust after hackers steal customer assets
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13 September, 2023

Ripple bails out Fortress Trust after hackers steal customer assets

Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong...
BitGo raises $100 million, won’t say who’s paying this piper
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17 August, 2023

BitGo raises $100 million, won’t say who’s paying this piper

BitGo claims its relatively high valuation this year compared to the last is due to a jump in new clients,...
Prime Trust pushed into receivership, has only 3% of customers’ cash
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29 June, 2023

Prime Trust pushed into receivership, has only 3% of customers’ cash

The move to appoint a receivership of Prime Trust was to help the firm determine what's best for its clients—a...
Nevada orders Prime Trust to cease & desist for failing to safeguard customer assets
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23 June, 2023

Nevada orders Prime Trust to cease & desist for failing to safeguard customer assets

Nevada’s action against Prime Trust pokes a major hole in the ‘crypto bro’ mantra that SEC Chairman Gary Gensler is...
BitGo sues Novogratz’s Galaxy for $100M after merger deal turns sour
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14 September, 2022

BitGo sues Novogratz’s Galaxy for $100M after merger deal turns sour

BitGo is suing Mike Novogratz's Galaxy Digital Holdings after it pulled out of a $1.2 billion acquisition deal—the digital asset...
Galaxy Digital BitGo deal falls through
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19 August, 2022

Galaxy Digital BitGo deal falls through

According to Galaxy Digital, the deal was broken off because BitGo failed to deliver an audited financial statement for the...
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