Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
The lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.
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The lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.
The litigation arm of the Prime Trust bankruptcy estate filed a 94-page adversary complaint against Swan Bitcoin on May 15, 2026, seeking to recover approximately $970 million in assets the company allegedly withdrew before Prime’s collapse. Prime Trust Clawback Case Targets Swan Bitcoin The PCT Litigation Trust, created under Prime Core Technologies’ confirmed Chapter 11 […]