📉💼 CoinDesk reports that Prime Trust, the cryptocurrency trust company that filed for bankruptcy in August, has informed employees of potential layoffs. 📢📉 Up to 62 more employees could be affected over the next two months. 🗂️💼 A challenging time for the company and its workforce. #PrimeTrust #CryptoNews #EmploymentUpdates

Nevada FID petitions for receivership of Prime Trust.

$BTC $ETH

#webgtr #NevadaFID #bitcoin #PrimeTrust #ETH

Service disruptions and concerns arise in the crypto industry due to the Prime Trust fallout, causing turmoil for crypto firms.

#WebGTR #crypto #crypto2023 #cryptocurrency #PrimeTrust

📢📉 Reports suggest cryptocurrency trust firm Prime Trust facing major layoffs! 🚀🔍 Industry insiders reveal up to 75% of workforce could be affected. 📉 No official announcement from Prime Trust yet. Recent legal issues include a Nevada court order to cease operations due to misappropriation of customer funds. 🛑🤝 Stay tuned for updates on Prime Trust's situation! #PrimeTrust #CryptoLayoffs #IndustryUpdates

❗JUST IN! It has been alleged that #PrimeTrust LOST access to its legacy wallets in 2021 and subsequently used customer assets to buy back #cryptocurrencies !

And according to #ArkhamIntelligence they gambled (100X❗) on one #digitalasset which is $AUDIO

Result is roughly $150M LOSS💥

$TUSD