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Prime Trust parent company lost $8M investing in TerraUSD

Prime Trust parent company lost $8M investing in TerraUSD

The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 million in client and treasury funds through TerraUSD (UST) investments. In an Aug. 24 filing in United States Bankruptcy Court for the District of Delaware, Pr

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