Can someone expand on what is going on with Swan
Discussion
Swan’s custodian Prime Trust recently had to go for bankruptcy and rugged everyone- Swan scrambled to get “all assets” moved to a new custodian “just in time” except that new custodian Fortress Trust is being run by the SAME GUY that ran Prime Trust. Bitgo is also involved now, they mentioned purchasing Prime Trust before the default but they “pulled out”
So basically not your keys not your cheese