92 sats \ 7 replies \ @sudonaka 8 Jun 2023 \ on: So I guess BitGo is Buying PrimeTrust bitcoin
This stinks to me. Swan switches partners from prime trust to fortress (same founder as prime) and Bitgo, then Bitgo bails out prime trust clients?
🧐
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59 sats \ 6 replies \ @Wil 8 Jun 2023
It seems like Swan might not have done their research. What even is Fortress?
https://pbs.twimg.com/media/Fx04E8mWcAAF5IJ?format=png&name=900x900
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297 sats \ 2 replies \ @nonamenoname 8 Jun 2023 freebie
Hate to break it to you Maxis, but as an insider...I can tell you that many of Prime Trusts problems stem from the same legal/compliance/executive team that is now at Fortress...BEST OF LUCK!
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50 sats \ 0 replies \ @sudonaka 9 Jun 2023
the obvious and inevitable failure of 3rd party custodian services does not negatively affect Bitcoin at all
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3 sats \ 0 replies \ @nerd2ninja OP 8 Jun 2023
lol I don't think anyone I know was counting on Fortress being much better.
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418 sats \ 1 reply \ @sudonaka 8 Jun 2023
Same founder as prime trust so I don’t think it’s a coincidence Swan is working with them. I think Swan might actually have some explaining to do.
To me they seem more like a media company.
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66 sats \ 0 replies \ @Wil 8 Jun 2023
Media Company seems like the perfect characterization tbh.
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3 sats \ 0 replies \ @nerd2ninja OP 8 Jun 2023
I have verified this information is true and do not agree to these terms of service: https://app.swanbitcoin.com/agreements/fortress-trust-custodial-account-agreement-8f9668e5.pdf
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