What a difference a year makes.

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Has he come out against Ripple yet?

You don’t bite the hand that feeds you…

Then he deserves what he gets, especially when the hand that feeds you is Ripple.

Paraphrasing: he’s said in the short run it’s not a big deal and they’ll have news to announce on this front soon. My guess is they are phasing out fortress trust and moving to Bakkt for that part of their business or bringing it in house.

Seemed appropriate, there's probably a better sequence of events

Always thought it was weird they took the easy way out and farmed out all the risks to different parties while collecting hefty commissions.

A lesson in comeuppance