Nevada Information to Place Crypto Custodian Prime Belief Into Receivership

Prime Belief entered an settlement with Fireblocks to have the latter firm handle its crypto property, which was accomplished in 2020. In 2021, after Prime Belief noticed new administration, it arrange “legacy pockets forwarding,” for wallets that had been both on Fireblocks’ platform or set as much as ahead to wallets on Fireblocks’ platform, the submitting stated. Nevertheless, in December 2021, Prime Belief “found that it was unable to entry” its legacy wallets or cryptocurrencies held in these wallets.