#Arkham : Prime Trust's Inaccessible Old Wallet Holds Over $45 Million, with 95% in ETH 🔥
- Arkham, an encrypted #data platform, revealed that Prime Trust is facing problems accessing an old wallet even after migrating to the Fireblocks system.
- The inaccessible old wallet of Prime #Trust holds tokens valued at over $45 million, with about 95% ($44.14 million) in ETH.
- The wallet's address ending with "98f" cannot be accessed by the Prime Trust team due to a migration issue.
- In 2018, Prime Trust opened the cold wallet, and in 2019, it migrated the wallet to Fireblocks' system.
- The migration from the legacy wallet to the new system was incomplete, and customers could still deposit funds into the old wallet.
- The issue was discovered when a customer requested a significant #ETH withdrawal, which Prime Trust couldn't fulfill.
- Additionally, the company couldn't locate the necessary hardware to access the old wallet.
- As a result, access to the old wallet and its contents remains unattainable for Prime Trust.
