Prime Trust halts withdrawals and deposits as acquisition fails
Prime Trust has closed deposits and withdrawals after receiving a cease and desist from Nevada as BitGo pulls out of its acquisition.
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Prime Trust has closed deposits and withdrawals after receiving a cease and desist from Nevada as BitGo pulls out of its acquisition.
Read more (2 min) →Banq currently has around $5,000 in cash on hand but hopes that pursuing Scott Purcell can result in a recovery that will hand it $9 million.
— Binance US, Crypto
Depositors at Binance and Swan Bitcoin have accused Prime Trust of delaying withdrawals amid bank run fears and a buyout by BitGo.