US EditionWhat It Means For Bitcoin Custody And Investors
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What It Means For Bitcoin Custody And Investors
In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime Trust had perpetrated a massive fraud for almost a year. Regulators at the Nevada Financial Institutions Div…
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