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Prime Core’s $35M Crypto Sale Sets Stage for Creditor Payouts

Summary by USA Herald
The collapse of cryptocurrency custodian Prime Core has entered its final chapter, as the company’s Chapter 11 plan administrator revealed that roughly $35 million was raised through crypto asset sales, setting the stage for long-awaited creditor distributions expected to begin early next year. At a hearing before U.S. Bankruptcy Judge J. Kate Stickles, counsel for Prime Core Chapter 11 $35M sale clears path for creditor payouts set to begin in e
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USA Herald broke the news in on Monday, October 27, 2025.
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