Prime Trust

Prime Trust “Shortfall Of Customer Funds”, Even Insolvency

Nevada Department of Industry and Commerce said that Prime Trust had "a shortfall in customer funds" and could not meet…

2 years ago

BitGo Won’t Buy Back The Troubled Crypto Platform Prime Trust

BitGo said on Thursday that it is canceling its planned purchase of crypto custodian Prime Trust.

2 years ago

Prime Trust’s Banq Files For Bankruptcy After Internal Lawsuit

Banq, a subsidiary of the troubled crypto custodian Prime Trust, has filed for bankruptcy in the United States District Court…

2 years ago

TUSD Serious Plunge After Mining Stop Notice

TUSD suffered a severe peg loss after the announcement of a mining halt through Prime Trust and the impact of…

2 years ago

TrueUSD Now Stops Minting TUSD Through Prime Trust

TrueUSD officially announced that it has temporarily stopped minting TUSD through Prime Trust, pending further notice.

2 years ago

Crypto Custody Company BitGo Is Working To Buy Prime Trust

Crypto custody firm BitGo has reached a preliminary agreement to purchase Prime Trust, another crypto custody specialist regulated in the…

2 years ago

FTX Executive Contributed $500,000 To The Democratic Party Of Oregon

A top FTX executive has been identified as the supposed mystery contributor behind a $500,000 payment to the Democratic Party…

2 years ago

Prime Trust Dispute Is Resolved And Fee Examiner Was Appointed At The Celsius Hearing

The mechanism for a potential asset auction for Celsius is now being worked out by the parties involved in the…

2 years ago

Celsius Users File Petition To Recover $22.5 Million In Crypto

Celsius appears to be even more trouble, as a group of custodial account holders has petitioned the bankruptcy court to…

2 years ago

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