Tag: Receivership
Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing
The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian P [...]
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Used Customer Money to Buy Crypto
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into [...]
Nevada financial regulator petitions court to place Prime Trust into receivership
Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by pet [...]
Nevada Places Crypto Custodian Prime Trust Into Receivership
Prime Trust entered an agreement with Fireblocks to have the latter company manage its crypto assets, which was completed in 2020. In 2021, after Prim [...]
Factom’s Two Workers Press On Regardless of Lead Investor’s Name to Liquidate
After years of being unable to shut a Sequence B, enterprise blockchain firm Factom, Inc. slashed its employees from 10 to simply two.The corporate [...]
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