Crypto Custodian Prime Trust Entangled In Financial Distress, Files Chapter 11 Protection
Prime Trust, a prominent name in the world of crypto custodial services, has taken the unexpected step of filing for ...
Tag: Prime Trust
Bankrupt Prime Trust Blocked From Accessing $45 Million Worth Of Digital Assets
A legacy cryptocurrency wallet associated with Prime Trust has been blocked, and the team cannot access assets worth roughly $45 ...
TUSD Depegs Amid Doubts On 100% Backing, New Crypto Drama Unfolding?
While the Bitcoin and crypto market has been extremely bullish in recent days as a result of spot ETF news, ...
BitGo Pending Acquisitions On Hold After Scrapping Prime Trust Purchase – What’s The Next Move?
Following the recent decision to abandon its proposed acquisition of Prime Trust, BitGo CEO Mike Belshe revealed that the cryptocurrency ...
Nevada Regulators Order Prime Trust To Shut Down Operations – Here’s Why
A leading Nevada-based digital assets custodian, Prime Trust, received a cease and desist order from state regulators on Thursday, June ...
BitGo Pulls The Plug On Prime Trust Acquisition, Citing Insurmountable Challenges
BitGo, a leader in digital asset trust and security, has announced that it has terminated its acquisition of Prime Trust, ...
Bankruptcy Saga: Prime Trust Subsidiary Banq Joins The Queue
Recent legal disputes involving Prime Trust, a prominent custodian, and the temporary halt of TrueUSD (TUSD) minting have shed light ...
Celsius Drags Custody Provider To Court Over $17 Million In Crypto
Celsius has been one of the most prominent crypto companies to crash in the recent bear market. The crypto lender ...
