Banq, a subsidiary of the Nevada-based crypto custodian Prime Trust, has filed for bankruptcy in a US bankruptcy court in Nevada, shortly after BitGo signed a letter of intent to purchase Prime Trust’s parent company.
Banq files for bankruptcy with $5 million in liabilities
Banq filed for Chapter 11 bankruptcy in the U.S. bankruptcy court in the district of Nevada, with the filing stating that the firm has around $17.72 milli
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Author: Anthonia Isichei
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