Gaza checkpoint contractor is shell company of Wyoming-based 'generational wealth management' firm
January 23, 2025, 8:06 p.m. Eastern Standard Time: An additional paragraph was added noting that the website for Safe Reach Solutions was registered one day before the legal entity Safe Reach Solutions, LLC was created.
One of the two U.S.-based companies contractors set to operate a Gaza checkpoint, Safe Reach Solutions, is a shell company of the Wyoming-based generational wealth management firm Two Ocean Trust, LLC. The U.S.-based contractor Safe Reach Solutions was first reported as one of the two contractors, alongside UG Solutions, by The New York Times and Axios.
The OpenCorporates listing for Safe Reach Solutions, LLC — as well as the original incorporation documents with the State of Wyoming — listed the registered agent as Two Ocean Trust, LLC and the agent as McDermott lawyer James H. Cundiff. The two firms also share the same Jackson, Wyoming address.
When Two Ocean Solutions’ head of private client Chris Norwine was reached by phone, he refused to comment on whether his company’s shell company, Safe Reach Solutions, was the same as the one reported to be operating the Gaza checkpoint. Mr. Norwine also stated that no one else at Two Ocean Trust would be willing to comment on the matter.
Mr. Cundiff is also publicly affiliated with Two Ocean Trust through a press release relating to the company’s role as a “qualified custodian” for digital assets such as cryptocurrency. The company’s CEO, Joe Revill, was also appointed a member of Wyoming’s “stablecoin” commission, the state’s rough analogue of the asset of cryptocurrency company Tether.
Despite the website for the Safe Reach Solutions contractor asserting its commitment to “transparency,” the website lists neither its legal name nor the names of any employees or board members. The “Who Is” entry for the website lists its registration as November 20, 2024 — one day before the legal entity Safe Reach Solutions, LLC was registered by Mr. Cundiff under Two Ocean Trust, LLC.
Mr. Cundiff did not immediately respond to a request for comment by voicemail. Neither did the email address affiliated with Safe Reach Solutions.