Prime

Arkham

Coin

<ul class="news-points"> 
 <li>Blockchain investigators identified PrimeTrust’s inaccessible “98f Wallet” containing $40 million in stranded crypto assets.</li> 
 <li>Prime Trust lost access to the multisig wallet holding customer funds in 2021 despite security measures.</li> 
 <li>Intriguingly, $20 million in ETH was transferred into the 98f wallet after it was known to be inaccessible, deepening the mystery.</li> 
</ul> 
PeckShieldAlert, a <a href="https://coinedition.com/what-is-blockchain-everything-you-need-to-know/" rel="noopener noreferrer nofollow">blockchain</a> security firm, has shared a breakthrough discovery by Arkham regarding the Prime Trust multisig wallet. Termed the “98f Wallet,” this wallet had previously garnered attention after a court filing showed that access to its substantial crypto holdings had been lost. 
The new finding by PeckShieldAlert shows that 12,000 ETH, worth approximately $20 million, were transferred into the 98f wallet, even after it was ostensibly known to be inaccessible. 
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 <a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> Arkham has detected that the <a href="https://twitter.com/hashtag/PrimeTrust?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PrimeTrust</a> multisig wallet 0xf4E1…98f, i.e. “the 98f Wallet,” was the wallet mentioned in the court filing where they could not access the cryptos stored within. The 98f Wallet currently holds ~$40M worth of cryptos, including… <a href="https://t.co/R2llWAYntC" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/R2llWAYntC</a>— PeckShieldAlert (@Peck… 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/plot-twist-20m-in-eth-to-sent-to-inaccessible-prime-trust-wallet/">Plot Twist: $20M in ETH to Sent to ‘Inaccessible’ Prime Trust Wallet</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Plot Twist: $20M in ETH to Sent to ‘Inaccessible’ Prime Trust Wallet

Coin Edition

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