Prime Trust Files for Chapter 11 Bankruptcy Protection Amidst Customer Fund Shortfall
Prime Trust, a prominent crypto custodian, has initiated Chapter 11 bankruptcy proceedings in Delaware due to a significant shortfall in customer funds. The.
Blockchain News
Blockchain News
BitGo CEO Reveals Pending Acquisitions Amidst Abandoned Prime Trust Deal
Following the recent decision to cancel its proposed acquisition of Prime Trust, BitGo CEO Mike Belshe has unveiled that the cryptocurrency custodian is.
Blockchain News
Trader Takes Advantage of TrueUSD’s Banking Woes, Opens On-Chain Short Position
Recently, a trader has made a strategic move by opening an on-chain short position on TrueUSD (TUSD), a stablecoin. This decision came after.
Blockchain News
BitGo Cancels Acquisition Deal with Prime Trust: A Twist in the Crypto Custodian Industry
Cryptocurrency custodian BitGo announced canceling its planned acquisition of rival company Prime Trust. The decision comes shortly after the two entities had reached.