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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%
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
Bitcoin
Bitcoin
Daily

$74,763.10

2.38%

Volume (24h): -

Resistance Levels
Resistance 3$78,568.57
Resistance 2$76,859.07
Resistance 1$75,785.82
Price$74,763.10
Support 1$73,884.38
Support 2$72,789.19
Support 3$70,151.58
Pivot (PP):$71,775.79
Trend:Uptrend
RSI (14):82.6
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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