theyre kyc, and had prime trust integrated in some of their financial structures which collapsed or smth, but nothing yet happened to swan still.. i dont think they'll collapse tbh but also idk shit b f
Discussion
also it doesnt matter
they're very focused on teaching their customers self-custody
but maybe not the bigger orgs.. so idk ab that
they used prime trust as a custodian, which means prime trust held your bitcoin ious until they processed your withdrawal request. before prime blew up, they moved custodians and now use fortress trust - which shares a cofounder and rumored to have some shared dependencies.