{"id":3075,"date":"2023-06-09T13:11:30","date_gmt":"2023-06-09T11:11:30","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=3075"},"modified":"2023-06-09T13:11:30","modified_gmt":"2023-06-09T11:11:30","slug":"major-crypto-custodian-about-to-go-bankrupt-bitcoin-magazine-ceo-warns","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=3075","title":{"rendered":"Major crypto custodian about to go bankrupt, Bitcoin Magazine CEO warns"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Bitcoin Magazine CEO David Bailey on Twitter warned of the imminent bankruptcy of one of the largest cryptocurrency custodians.<\/p>\n<p>&#8220;Major custodian about to declare bankruptcy without last minute bailout. Take your Bitcoin off exchanges, even bitcoin only platforms,&#8221; Bailey wrote.<\/p>\n<p>The warning appears to refer to Prime Trust, a custodial firm that offers token and fiat custody services in Nevada, USA. <\/p>\n<p>Earlier, another crypto custodial firm, BitGo, was reported to have reached a preliminary agreement to buy Prime Trust amid rumors of its possible insolvency. Neither party had official confirmation of the deal. <\/p>\n<p>FUD or is Bitcoin headed for another dive below $20,000?<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine CEO David Bailey on Twitter warned of the imminent bankruptcy of one of the largest cryptocurrency custodians. &#8220;Major custodian about to declare bankruptcy without last minute bailout. Take your Bitcoin off exchanges, even bitcoin only platforms,&#8221; Bailey wrote. The warning appears to refer to Prime Trust, a custodial firm that offers token and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-3075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/3075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3075"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/3075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/3076"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}