Crypto Critics' Corner How to Steal Almost $100 Million: Prime Trust goes Bust
Aug 29, 2023
Prime Trust's mishandling of over $80 million in cash and cryptocurrencies, involvement in a Ponzi scheme, and breach of fiduciary duties; Lack of responsibility and accountability within corporations; Fraud, scams, and trust issues in the crypto industry; Perils of unregulated financial institutions and Cascoin's entry into the trust industry.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Questionable Actions, Breached Fiduciary Duties, and Lack of Regulatory Oversight
02:36 • 3min
Lack of Responsibility and Accountability within Corporations
05:56 • 2min
Fraud, Scams, and Trust Issues in the Crypto Industry
07:43 • 13min
The Perils of Unregulated Financial Institutions and a Brief Announcement from Cascoin
20:58 • 2min