The post Prime Trust Loses $8 Million in Failed Investment! appeared first on Coinpedia Fintech News
Prime Trust a known crypto custodian has reportedly lost $6 million of client funds and $2 million from its own treasury in a failed investment in the terraUSD algorithmic stablecoin. The news is confirmed by the company’s CEO, Jor Law, in a Thursday court filing. It is not yet clear how this loss will impact …
