Coinbase defends customer asset rights in Prime Trust bankruptcy case
Coinbase has stepped into the Prime Trust bankruptcy case, filing an amicus brief to push back against a…
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Prime Trust
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Crypto Neobank Banq’s Bankruptcy Case Dismissed by U.S. Judge
The filing was dismissed because a U.S. judge who called the application a „bad faith” tactic. Czytaj więcej…
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
The company filed for bankruptcy in August. Czytaj więcej We współpracy z: https://www.coindesk.com/business/2023/09/19/crypto-custodian-prime-trust-warns-it-may-lay-off-62-employees-nevada-records-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ripple bails out Fortress Trust after hackers steal customer assets
Ripple’s Brad Garlinghouse recently declared that Fortress Trust’s Purcell had „built an impressive business with recurring revenue and…
Ripple Acquires Crypto Financial Services Company Fortress Trust
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the…
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on…
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million,…
Prime Trust Parent Company Lost $8M in TerraUSD Investments
Prime Trust parent company Prime Core Technologies invested in TerraUSD and lost $8 million in the aftermath. Continue…
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series…
Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’
After being forced into receivership, Prime Trust has filed for bankruptcy and seeks protection covering its parent company…