Nevada

Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the price tag was less than the $250 million it paid for custody firm Metaco in May.
Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)

Prime Trust CEO Tom Pageler. (Prime Trust)
Apparently It's Very Difficult to Custody Crypto
Prime Trust, the allegedly insolvent crypto custodian that owes customers upwards of $156 million, is not helping the crypto industry's shady mainstream reputation.
Prime Trust CEO Tom Pageler. (Prime Trust)

Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division announced on Tuesday that the regulator has filed to take over crypto custodian Prime Trust and freeze all of its businesses, just day...
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership

Prime Trust Consensus Booth (Prime Trust)
Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division previously indicated that Prime Trust had a massive deficit on its books.
Prime Trust Consensus Booth (Prime Trust)

Nevada Regulator Says Prime Trust Has 'Shortfall of Customer Funds'
Nevada Regulator Says Prime Trust Has 'Shortfall of Customer Funds'
Crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month, the Nevada Department of Business and Industry s...
Nevada Regulator Says Prime Trust Has 'Shortfall of Customer Funds'

Prime Trust Consensus Booth (Prime Trust)
Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says
Nevada regulator alleged that Prime Trust was unable to meet customer withdrawals as recently as yesterday.
Prime Trust Consensus Booth (Prime Trust)

Statue of Themis holding the balance scales. (Oleksandr Berezko/EyeEm via Getty Images)
Former CPA Pleads Guilty to Helping BitClub Architect Launder Funds in Alleged $722M Ponzi Scheme
The 57-year-old Nevada man pleaded guilty to one count of conspiracy to commit money laundering and one count of aiding in the preparation of a false tax return.
Statue of Themis holding the balance scales. (Oleksandr Berezko/EyeEm via Getty Images)

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Huobi Crypto Exchange Returning to US After Winning Nevada Trust License
After an abrupt departure over a year ago, Huobi has now secured a state trust license for its return to the U.S. market.
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Nevada Crypto ATM Operators Now Require Money Transmission License
Nevada abruptly changed its regulatory stance on cryptocurrency kiosks, alarming many providers.
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Nevada Unsplash Photo by Robbie Noble on Unsplash
Blockchains.com Founder Buys Community Bank to Finance Crypto Dreams
Blockchains CEO Jeffrey Berns hopes the bank will fund not only his vision, but the blockchain industry's.
Nevada Unsplash Photo by Robbie Noble on Unsplash