Nevada

Cryptocurrency

Prime

The Nevada Division of Financial Institutions (FID) has filed a petition with the court to transfer Prime Trust, a crypto custodian and financial services provider, to the trustee. FID claims that Prime Trust has lost access to some cryptocurrency wallets and used client funds to cover losses.
According to the petition, Prime Trust lost access to its old wallets in 2021. FID alleges that Prime Trust then used client assets to buy back crypto from the market without disclosing the matte[...]
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/breaking-minute-nevada-regulator-requests-appointment-of-trustee-for-cryptocurrency-trustee-prime-trust/">Breaking Minute: Nevada Regulator Requests Appointment of Trustee for Cryptocurrency Trustee Prime Trust!</a>

Breaking Minute: Nevada Regulator Requests Appointment of Trustee for Cryptocurrency Trustee Prime Trust!

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