Prime Trust’s Banq Files For Bankruptcy After Former Officers Steal $17.5 Million

In a major development within the cryptocurrency industry, Banq, a subsidiary of the embattled crypto custodian Prime Trust, has filed for bankruptcy in a U.S. bankruptcy court located in the district of Nevada. The filing highlights approximately $17.72 million in assets against $5.4 million in liabilities. This bankruptcy filing follows Prime Trust’s ongoing efforts to … Continue reading Prime Trust’s Banq Files For Bankruptcy After Former Officers Steal $17.5 Million