Coinpedia
2023-08-25 10:25:15

Prime Trust Loses $8 Million in Failed Investment!

The post Prime Trust Loses $8 Million in Failed Investment! appeared first on Coinpedia Fintech News Prime Trust a known crypto custodian has reportedly lost $6 million of client funds and $2 million from its own treasury in a failed investment in the terraUSD algorithmic stablecoin. The news is confirmed by the company’s CEO, Jor Law, in a Thursday court filing. It is not yet clear how this loss will impact …

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