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via Decrypt · By Decrypt Editorial

Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse

BTC

BTC/USDT

$84,472.00
+1.32%
24h Volume

$19,069,545,432.02

24h H/L

$84,942.45 / $83,156.00

Change: $1,786.45 (2.15%)

Long/Short
56.7%
Long: 56.7%Short: 43.3%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels
Resistance 3$99,648.20
Resistance 2$94,549.91
Resistance 1$85,369.74
Price$84,644.26
Support 1$84,364.01
Support 2$81,859.10
Support 3$77,001.87
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):66.0
DE
Decrypt Editorial
(07:48 PM UTC)
1 min read
SC
Updated bySarah Chen

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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