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

BTC

BTC/USDT

$61,776.00

-1.62%

$61,776.00

-1.62%

(24s)

24h Volume

$29,456,968,562.65

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,754.01

▲ 1.11%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,395.60

Resistance 1$61,781.95

Price$61,754.01

Support 1$61,035.43

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,467.12

Trend:Downtrend

RSI (14):36.3

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)…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.