Coinmetro files for reorganization, blames failure of provider
Coinmetro, an Estonian-based cryptocurrency exchange, has filed for bankruptcy, blaming the failure on one or several financial partners.
Coinmetro, an Estonian-based cryptocurrency exchange, has filed for bankruptcy, blaming the failure on one or several financial partners.
Two crypto custodians involving Scott Purcell both collapsed after a disturbingly similar pattern of financial mismanagement.
Prime Trust has filed for chapter 11 bankruptcy following months of trouble that escalated after Binance US was sued by the SEC.
Nevada’s financial regulator has warned Prime Trust will do “irreparable harm” and that it has $83 million in liabilities.
Prime Trust has closed deposits and withdrawals after receiving a cease and desist from Nevada as BitGo pulls out of its acquisition.