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via Decrypt · By Decrypt Editorial
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
BTC
BTC/USDT
$74,983.87
+7.90%
$74,983.87
+7.90%
(24s)24h Volume
$39,062,333,461.08
24h H/L
$75,785.82 / $69,336.97
Change: $6,448.85 (9.30%)
Long/Short
52.3%
Long: 52.3%Short: 47.7%
Funding Rate
+0.0037%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(07:48 PM UTC)
1 min read
In brief
- PCT Litigation Trust sued financial services firm Swan Bitcoin seeking repayment of nearly $1 billion in assets.
- The lawsuit alleges that Swan used inside information to avoid significant losses from the Prime Trust collapse in 2023.
- The suit seeks repayment of nearly 12,000 Bitcoin along with stablecoins, XRP, and more.
Electric Solidus, Inc, which operates as Bitcoin services firm…
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