4min chapter

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The Chopping Block: Why the Azuki Elementals Drop Was a Big Flop - Ep. 512

Unchained

CHAPTER

The TrueUSD Cryptocurrency Custodianship

The Nevada financial regulator basically said that Prime Trust should be put into custodianship and it's now reported exactly what went wrong at Prime Trust. So they were creating these wallets on their own interfaces, but they did not actually have the private keys to these wallets. And so when they realized this, they were like, oh shit, we don't have the money that we keep telling our customers we have.

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