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Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss

Prime Trust lost $8M after Terra collapsed; bought $76M ETH in unrelated wallet loss

Failed crypto custodian Prime Trust revealed new details about its past financial shortfalls in a filing submitted to bankruptcy courts on Aug. 24. That filing indicates that Prime Trust's investment in the TerraUSD (USTC) stablecoin resulted in millions of dollars of losses for the company. Specifi
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