Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing
The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause. In a July 14 filing, the Nevada court ordered the appointment of a ...
Nevada financial regulator petitions court to place Prime Trust into receivership
Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing, the regulator petitioned the Eighth Judicial District Court of Nevada ...
Prime Trust can’t honor customer withdrawals, says Nevada regulator
Prime Trust’s financial condition is “critically deficient,” and the crypto custodian has been unable to honor customer withdrawals since June 21, according to Nevada’s business regulator.In a June 21 cease and desist order, Nevada’s Department of Busines ...
Bitcoin More Popular than Trump and Elvis among US Internet Users
US internet users show more interest in searching for information about Bitcoin than other popular topics such as former president Donald Trump or even Elvis Presley, according to Ahrefs platform's popularity index. The cryptocurrency has surpassed politics, Coca-Cola, religion, donuts, alimony, ...