Tags: Prime Trust

Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees – Is the Bear Market to Blame?

Anchorage Digital CEO Highlights ‘Widespread‘ Self-Custody Risks After Prime Trust Bankruptcy

Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment

Prime Trust Crypto Custodian Enters Chapter 11 Bankruptcy Amid Prolonged Crypto Winter

Prime Trust Faces Closure as Nevada Regulators Take Action – Another Bear Market Victim?

Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions

Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues

TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust

The cost-cutting measure comes after a rocky start to 2023 for the Vegas-based company.

The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."