Sooo Prime “Trust” lost access to wallets and used customer funds in 2021.
Had to follow up when Scott Purcell left Prime Trust to start Fortress…
2021, of course… 
Discussion
Oh dear
I haven’t used Swan in a while. Now I really can’t imagine going back to them. They must have known…
Knew i should have gone with Prime Verify 😑
So what do we think "lost access" means? Like, the funds were stolen or they lost the keys?
As of the time of the petition they still haven’t gotten access. 🤠
sus
🤔
nostr:note1untzysm7m4xfmfhxqk7ypfrqh4sp2dhdmc48vsglpqvkmm37r40sc32hk5
Sketchy that they used the year for both. Let's see the months for both so we can make an informed decision about swan/fortress going forward.
FOLD as well.
Any rewards and buys I do on Fold i instantly transfer to cold storage.
I always hedge with other sources but limiting exposure is the key.
Criminals everywhere. 🧐
I found this after I made that post. It looks like new management did this after the current fortress CEO was gone.
Timeline is a little weird. New management came in 2020 and CEO quietly left 2021.
Also, all the state licensing issues that arose during the past year. Did they know they were out the door?
Why did they wait until this BS BitGo “letter of intent” fell through to reveal this?
Also, why did the CEO leave and make what appears to be a copy cat business.
Just weird. All of it stinks.
I also want to know what swan knew and when. I understand them keeping it to themselves until their customer funds were out, that time has passed.
I agree that it is still fishy for a number of reasons. I'm thinking about looking for a non fortress onramp so they aren't behind my holds.
Has the bitcoin moved? Do they even know the wallet addresses? Was it even bitcoin?