Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money

Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds.

Source: https://www.coindesk.com/business/2023/07/18/prime-trust-put-into-receivership-charged-with-using-customer-funds-to-buy-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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