Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing

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 Prime Trust into receivership, pending a hearing to show cause. In a July 14 filing, the Nevada court ordered the appointment of a receiver for Prime Trust following a June 26 petition from the [...]
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