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via Decrypt · By Decrypt Editorial
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
BTC
BTC/USDT
$64,751.55
+1.75%
$64,751.55
+1.75%
(24s)24h Volume
$11,869,860,290.40
24h H/L
$65,176.60 / $63,603.92
Change: $1,572.68 (2.47%)
Long/Short
57.3%
Long: 57.3%Short: 42.7%
Funding Rate
+0.0043%
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…
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.
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