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Crypto Biz Prime Core Settles Ch 11 Tokens Claim

Cryptocurrency custodial business Prime Core Technologies Inc. told a Delaware bankruptcy judge it has reached a proposed settlement with Audius Inc. to establish 11 million of Audius' cryptocurrency tokens as Prime Core's property while handing over others in exchange for resolving disputed ownership of the coins with Audius.

United statesEmlyn cameronAudius incScore technologies incPrime core technologiesPrime core

Prime Trust Crypto Custodian Lost $8M in Doomed Terra-LUNA Stablecoin Investment, CEO Says

Prime Trust Crypto Custodian Lost $8M in Doomed Terra-LUNA Stablecoin Investment, CEO Says
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United statesCelsiu alex mashinskySheldon rebackSam bankmanPrime trustPrime core technologies

Prime Trust parent company lost $8M investing in TerraUSD

A bankruptcy court filing showed Prime Core Technologies invested roughly $8 million in TerraUSD and ramped up spending in 2022.

United statesSouth koreaCelsius networkNevada financial institutions divisionUnited states bankruptcy courtPrime trustPrime core technologiesFinancial institutions divisionTerraform labs

Prime Trust parent company lost $8M investing in TerraUSD

Prime Trust parent company lost $8M investing in TerraUSD
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United statesUnited states bankruptcy courtPrime trustPrime core technologies

Digital Asset Firm BitGo Finalizes $100M Series C At $1 75B Valuation

Digital Asset Firm BitGo Finalizes $100M Series C At $1 75B Valuation
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