From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection – Bitcoin News
August 16, 2023
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bolstered by a designated committee to steer the restructuring process.
Crypto Custodian Prime Trust Files for Chapter 11 Bankruptcy Protection
Despite the…