2023-6-28 00:24 |
The Nevada Financial Institutions Division has recently lodged a petition for receivership for Prime Trust citing operational instability and insolvency. origin »
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Nevada regulators shut down Fortress Trust on Oct. 22, citing insolvency that left the custodian holding roughly $200,000 in cash against $8 million owed in fiat and $4 million in crypto. The cease-and-desist order marked the second major Nevada trust-company collapse in two years, following Prime Trust’s entry into receivership in June 2023.
2025-10-27 09:00 | |
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Prime Trust, a digital custodian for cryptos, has decided to use a very curious strategy in order to boost its share of the market. Now, the company will completely stop charging to keep custody of digital assets from its clients.
2019-2-1 06:21 | |
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Vertalo, a stakeholder registry and compliance platform for regulated security tokens today announced its latest partnership with Prime Trust, a Nevada Trust Company. Prime Trust offers compliant custody of crypto and traditional assets across all account types.
2018-9-5 00:11 | |
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Polymath, a company that provides a decentralized protocol and platform for security tokens, has signed a partnership with the SEC-regulated custodian Prime Trust. In this way, the startup enters the crypto custody market.
2018-8-29 18:23 | |
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The little U. S. Company known as Prime Trust has a played a prominent role in supporting dollar backed cryptocurrencies. The company is getting a taste for it, as it’s starting to compete with some of the larger cryptocurrency custodians.
2018-8-16 12:58 | |
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Prime Trust, a Nevada trust company, says it can handle custody for bitcoin, ether and any token issued on ethereum under the ERC-20 standard.
2018-8-15 11:00 | |
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The filing was dismissed because a U.S. judge who called the application a "bad faith" tactic.
New Zealand-based crypto exchange Dasset has gone into liquidation, denying customers access to their funds. Crypto custodian Prime Trust has also filed for bankruptcy. The post New Zealand-based Crypto Exchange Goes Bust Leaving Customers Stranded appeared first on BeInCrypto.
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
Prime Trust is facing financial troubles and a shortage of customer funds, leading to a cease-and-desist order from the Nevada FID
BitGo, a leader in digital asset trust and security, has announced that it has terminated its acquisition of Prime Trust, a technology-driven financial institution that provides custody and escrow services for the digital asset industry.
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.