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Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.

Updated Jun 26, 2023, 3:28 p.m. Published Jun 22, 2023, 1:59 p.m.
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)