These guys literally can not stop lying.
Why does the entire filing keep mentioning Swan âand its customerâ if it was a reserve account?
Better yet why does the filing focus on fiduciary duty arguments if this filing doesnât pertain to swans customers?
Looks and sounds like Swan customers got burnt and Swan had to fill the hole with corporate funds to stick to the story âno customers affectedâ 
dont use em, but still think it was a missed opportunity not being named goose
Never trusted or listened to them again after it was revealed that Peter idiot they always had on the Cafe podcast was a child rapist.... I mean, due diligence... Get fucked swan
Cold storage is the only way
Did they file? Or was this fortress trust?
Such a shite show.
I have no love for swan
But what they are saying is somewhat accurate if:
They had swan reserve accounts with prime
They referred swan swap customers to prime for custody (âswan has never held customer fundsâ). In this case the paperwork for the customers was probably âyour coins are held at prime for the benefit of youâ
Since prime was fraudulent, swan and its customers were affected and lost funds.
But not because swan was custodian.
this is the reason itâs important for these marketing companies to better bet their downstream vendors
All this to say Cory is still a grifter and can get fucked.
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