Swan Bitcoin Faces Nearly $1B Lawsuit Over Prime Trust Transfers

BTC

BTC/USDT

$64,687.57

+0.68%

$64,687.57

+0.68%

(24s)

24h Volume

$4,841,248,733.34

24h H/L

$64,774.27 / $64,123.00

Change: $651.27 (1.02%)

Long/Short

64.3%

Long: 64.3%Short: 35.7%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,703.55

▲ 0.51%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,703.55

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.1

Cointelegraph Staff

(09:37 AM UTC)

1 min read

Verified byJames Mitchell

1460 views

0 comments

The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1 billion in assets from the custodian days before its collapse.

The complaint, filed in Delaware bankruptcy court, accuses Electric Solidus, the corporate entity behind Swan, of receiving over $24.6 million in cash, 11,994 Bitcoin (BTC)…

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