Prime Core Technologies Inc.

  1. March 09, 2026

    Serta Trial Begins, Texas Judges To Ponder Ch. 7 Exemptions

    A Texas bankruptcy court began a trial regarding Serta Simmons Bedding's 2020 "uptier" debt exchange, the Lone Star State's supreme court agreed to weigh in on whether LLCs are exempt from Ch. 7 estates and Prime Core's Chapter 11 trust initiated a $13 million adversary suit.

  2. March 03, 2026

    Prime Core Trust Sues For Over $13M In Pre-Ch. 11 Transfers

    The litigation trust for cryptocurrency custodian Prime Core Technologies Inc. leveled a lawsuit against the operator of a crypto transaction platform the trust says extracted nearly $13 million in fiat currency as well as crypto transfers the estate should now reclaim.

  3. February 09, 2026

    Prime Core Sues SFox For $2.6M Clawback In Crypto Ch. 11

    The litigation trust for bankrupt cryptocurrency custodian Prime Core Technologies Inc. is seeking to claw back $2.6 million of preferential transfers from one of the company's former end users, stablecoin platform sFox Inc.

  4. October 27, 2025

    Prime Core Ch. 11 Admin Says It Cashed Out Crypto For $35M

    The Chapter 11 plan administrator for defunct cryptocurrency custodian Prime Core told a Delaware bankruptcy judge Monday that it raised about $35 million by selling Prime's crypto assets and expects to begin creditor distributions early next year.

  5. October 14, 2025

    Prime Core's Trust Seeks $93.6M Clawback After Bankruptcy

    The litigation trust overseeing bankrupt crypto custodian Prime Core Technologies Inc. has launched a clawback suit in the U.S. Bankruptcy Court for the District of Delaware, seeking to recover nearly $93.6 million in alleged preferential transfers made to a London-based trading partner in the weeks before Prime's collapse.

  6. July 29, 2025

    Prime Core Ch. 11 Trust Seeks Return Of $2.1M In Transfers

    The litigation trust for Prime Core Technologies has sued to claw back $2.1 million in cash and cryptocurrency paid out to customers in the weeks before its bankruptcy filing, saying other creditors are facing a serious recovery shortfall worsened by the payments.

  7. July 21, 2025

    Court Says Cash Is Prime Core's, OKs Payout Scheme

    A Delaware bankruptcy judge has sided with the administrator of cryptocurrency custodian Prime Core's Chapter 11 wind-down plan in a dispute over whether the debtor's assets were so intermixed with creditor funds that it all had to be treated as estate property, and approved a request to pay claims by exchanging crypto holdings for fiat currency.

  8. June 05, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    A technology platform for startups is hoping to mediate a string of legal disputes with a creditor and former business partner in its Chapter 11. The Church of Jesus Christ of Latter-day Saints urged a Delaware bankruptcy judge to enforce the Boy Scouts of America's Chapter 11 channeling injunction, saying it has been forced to defend itself from released claims. And ExxonMobil objected to a biofuel startup's Chapter 11 auction proposal, asserting that it has rights to certain intellectual property up for sale.

  9. March 14, 2025

    Prime Core Seeks $26.6M Clawback From Crypto Finance Firm

    The litigation trust for Prime Core Technologies is seeking to claw back $26.6 million in cryptocurrency transferred out of the crypto custodian's accounts prior to its Chapter 11 filing, saying it's a matter of fairness to Prime Core's other customers.

  10. February 21, 2025

    Prime Core Crypto 'Hopelessly Commingled,' Plan Admin Says

    Counsel for the administrator of cryptocurrency custodian Prime Core's Chapter 11 wind-down plan on Friday defended its decision to treat the debtor's cryptocurrency as property of the estate, even when it came from customers.