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Nevada orders Fortress Trust to halt operations – TON BOT

Nevada orders Fortress Trust to halt operations

U.S. regulators are increasing oversight on digital asset custodians to prevent systemic risks, with Fortress Trust being ordered to cease operations in Nevada due to solvency concerns. The case is reminiscent of the 2023 Prime Trust collapse involving the same founder, highlighting the increasing pressure on small crypto custody firms to adhere to stricter rules.


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