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Prime Trust
Ang Kaso ng Pagkalugi ng Crypto Neobank Banq ay Na-dismiss ng Hukom ng US
Na-dismiss ang pagsasampa dahil ang isang hukom ng U.S. na tinawag ang aplikasyon na isang "masamang pananampalataya" na taktika.
Nagbabala ang Crypto Custodian PRIME Trust na Maaaring Magtanggal ng 62 Empleyado, Nevada Records Show
Ang kumpanya ay nag-file para sa bangkarota noong Agosto.
Prime Trust's CEO Says Firm Lost $8M in Doomed Terra Stablecoin Investment
Prime Trust CEO Jor Law said in a recent court filing that the crypto custodian lost a total of $8 million in a doomed investment in the terraUSD algorithmic stablecoin. "The Hash" panel discusses the latest developments in Prime Trust's bankruptcy proceedings.
Nawala ang PRIME Trust ng $8M sa Doomed Terra Stablecoin Investment, Sabi ng CEO
Ang isang hiwalay na 2021 wallet bungle ng Crypto custodian, kinuha sa receivership noong Hulyo, ay nagkakahalaga ng $76 milyon, sinabi ng isang paghaharap sa korte
Caitlin Long on Custodia Bank Launch, State of Crypto Regulation
Crypto-friendly Custodia Bank announced a week ago that it launched to business customers in a number of states. Custodia Bank founder and CEO Caitlin Long joins "First Mover" to discuss the details of the launch and her reaction to major news in the crypto industry from the plunge in bitcoin to Prime Trust filing for bankruptcy protection. Plus, insights into the legal battle between Custodia Bank and the Federal Reserve.
Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg
According to a new report from Bloomberg, BitGo has raised $100 million at a valuation of $1.75 billion. This comes nearly two months after the crypto custodian canceled its plans to acquire rival Prime Trust. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss BitGo's new funding after Prime Trust filed for bankruptcy. Plus, their outlook on some of the billion-dollar valuations within the crypto industry.
Prosecutors Lob New Allegations at FTX's Sam Bankman-Fried; Europe's First Spot Bitcoin ETF
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Jacobi Asset Management lists Europe's first spot bitcoin exchange-traded fund (ETF). Crypto custodian Prime Trust filed for Chapter 11 bankruptcy protection. And, federal prosecutors are claiming that FTX founder Sam Bankman-Fried used more than $100 million of customer funds for political donations.
Crypto Custodian Prime Trust Files for Bankruptcy
Beleaguered crypto custodian Prime Trust has filed for Chapter 11 bankruptcy protection on Monday, as the chill of crypto winter drags on. This comes after CoinDesk recently reported that the company looked poised to enact potentially massive layoffs. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn weigh in on the latest developments.
Ang Nakikibaka sa Crypto Custodian PRIME Trust LOOKS Handa para sa Potensyal na Malaking Pagtanggal, Sabi ng Mga Pinagmumulan
Kamakailan ay inutusan ng mga regulator ng Nevada ang kumpanya ng Crypto , na binalak bilhin ng BitGo, na itigil ang mga operasyon at napansin ang isang kakulangan sa mga pondo ng customer.
Inilagay ang PRIME Trust sa Receivership Sa gitna ng Kakulangan ng mga Pondo, Sinisingil Ito sa Maling Paggamit ng Pera ng Customer
Ang kumpanya ay nasa isang "hindi ligtas o hindi maayos na kondisyon" upang magsagawa ng negosyo, isang pagsasampa sa Nevada's Department of Business and Industry Financial Institutions Division.
