10 sats \ 0 replies \ @aolg 8 Jun 2023 freebie \ on: Rumors Prime Trust is collapsing, Swan withdrawals frozen? bitcoin
Prime Trust is a trust company, so if they fail to hold Swan's clients' BTC in customer name (which would allow customers to withdraw to their wallets/move to new custodian) then they're all going jail (and PT is going into receivership).