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BitGo, the American crypto custodian platform, has made the decision to cancel the acquisition of Prime Trust.
Following this announcement, Prime Trust has taken measures to suspend withdrawals.
The cancellation of the deal comes just two weeks after BitGo signed a non-binding letter of intent to acquire Prime Trust.
The intended acquisition of Prime Trust by BitGo was expected to provide financial support to Prime Trust, which has been facing bankruptcy challenges….
Read More: Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues
Following this announcement, Prime Trust has taken measures to suspend withdrawals.
The cancellation of the deal comes just two weeks after BitGo signed a non-binding letter of intent to acquire Prime Trust.
The intended acquisition of Prime Trust by BitGo was expected to provide financial support to Prime Trust, which has been facing bankruptcy challenges….
Read More: Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues
