Just another reminder that not your 🔑 not your 🧀

“is understood that from December 2021 to March 2022, to satisfy the withdrawals from the inaccessible Legacy Wallets, [Prime] purchased additional digital currency using customer money from its omnibus customer accounts”

🤡🌎

https://www.coindesk.com/policy/2023/06/27/nevada-places-crypto-custodian-prime-trust-into-receivership/

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Discussion

I used Fold to purchase some (not much, but some) Bitcoin. I guess I’ll be getting some non-friendly letters some time in the future.

Oh boy