herald on Nostr: Prime Trust Misplaced Access to Legacy Wallets, Used Client Money for #Bitcoin ...
Prime Trust Misplaced Access to Legacy Wallets, Used Client Money for #Bitcoin Repurchases
As it turns out, Prime Trust had trouble accessing its legacy wallets as far back as 2021. To make matters right, they dipped into their customers' funds to repurchase bitcoin, ensuring that those redemptions were honored.
Prime owes $85+ Million but only has $2.9 Million in fiat.
Self-custody or get rekkt!
#news
Document:
https://www.docdroid.net/Q5WNMMS/prime-core-technologies-et-al-petition-pdf#page=6Published at
2023-06-27 18:51:41Event JSON
{
"id": "b5e295aa11dbb774a26582d70b1f73efe76a77b646dd60997a97b6f5b758e230",
"pubkey": "7e7224cfe0af5aaf9131af8f3e9d34ff615ff91ce2694640f1f1fee5d8febb7d",
"created_at": 1687891901,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"news"
]
],
"content": "Prime Trust Misplaced Access to Legacy Wallets, Used Client Money for #Bitcoin Repurchases\n\nAs it turns out, Prime Trust had trouble accessing its legacy wallets as far back as 2021. To make matters right, they dipped into their customers' funds to repurchase bitcoin, ensuring that those redemptions were honored.\nPrime owes $85+ Million but only has $2.9 Million in fiat.\n\nSelf-custody or get rekkt! \n\n#news\n\nhttps://nostr.build/i/6dd56a1ef8b0de47d89f9bee776a80b2d62120bb18cf89683fe31563a04c938e.jpg\n\nhttps://nostr.build/i/bb84819b6960df193336a7e4431d42b169c51970819c4c2d91bf6a556f5a0c4f.jpg\n\nDocument: https://www.docdroid.net/Q5WNMMS/prime-core-technologies-et-al-petition-pdf#page=6",
"sig": "b4ca108d2eea5dc0aab80e03518f82f41ca065c07630ccdb8c04651292f7bc7bb800bb1722c1c71a4b31242cc2ead7fb6cc77d2c97b69f7558b78062c45e9c9f"
}
