The Breakdown

Ripple's Fortress Acquisition Shows the Brittleness of Crypto Infrastructure

Sep 12, 2023
The podcast discusses Ripple's acquisition of Fortress Trust and the controversy surrounding it. It explores a recent security incident at Fortress that resulted in the loss of customer funds. The discussion highlights the lack of transparency in the crypto industry and the need for decentralization in crypto infrastructure. It also analyzes the financials and liabilities of Fortress and the potential actions that can be taken. Overall, the podcast provides insights into the brittleness of the crypto infrastructure.
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