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Swan Bitcoin Faces Nearly $1B Lawsuit Over Prime Trust Transfers
Swan Bitcoin is being sued by Prime Trust’s litigation trust over allegedly using insider knowledge to withdraw nearly $1 billion in Bitcoin and cash before it filed for bankruptcy.
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decrypt.co
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse - Decrypt
The lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.
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news.bitcoin.com
Prime Trust Litigation Trust Files 94-Page Suit Against Swan Bitcoin for $970M in Transfers
PCT Litigation Trust sues Swan Bitcoin for $970M, alleging 11,994 BTC left Prime Trust after an insider tip about the firm's collapse.
