2019-4-18 11:15 |
Cryptocurrency exchange OKCoin has invested an undisclosed amount in crypto custody provider Prime Trust.
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A decentralised platform aimed at providing a custody and clearing product for crypto assets has seen its BHEX Exchange raise $15 million in funding. The new funding for Blue Helix came from the likes of Huobi Global, OKCoin, Genesis Capital, Node Capital, City Holdings, and Yintai Investment, to name a few.
2018-11-30 23:16 | |
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Star Xu, the founder of the world’s second largest crypto exchange OKEx and exchange service provider OKCoin, has been reportedly released from custody after being arrested by the Shanghai police on the evening of Sept.
2018-9-12 17:29 | |
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The CEO of Chinese cryptocurrency exchanges OKcoin and OKEx is in police custody over alleged fraud, local media report September 11. Xu’s Business Gets All-Clear As multiple sources on social media claim in addition to Sina News, Star Xu is currently assisting officers in Shanghai investigate fraudulent activity on the part of WFEE coin, of which he is a shareholder.
2018-9-11 16:00 | |
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New Zealand-based crypto exchange Dasset has gone into liquidation, denying customers access to their funds. Crypto custodian Prime Trust has also filed for bankruptcy. The post New Zealand-based Crypto Exchange Goes Bust Leaving Customers Stranded appeared first on BeInCrypto.
The Nevada Financial Institutions Division has recently lodged a petition for receivership for Prime Trust citing operational instability and insolvency.
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
Prime Trust is facing financial troubles and a shortage of customer funds, leading to a cease-and-desist order from the Nevada FID
BitGo, a leader in digital asset trust and security, has announced that it has terminated its acquisition of Prime Trust, a technology-driven financial institution that provides custody and escrow services for the digital asset industry.
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.
Digital assets custodian BitGo, will not be going forward with its planned acquisition of its rival crypto custody platform Prime Trust.