Preorder My New Book! ➡️ https://www.amazon.com/dp/1394210329?ref_=cm_sw_r_apin_dp_WCJPX95VD6PT9QHE7YNS_2
Everyone is afraid that they will lose their seed phrase and lose access to their wallets. This is why a lot of crypto holders put their trust in large custodians that promise to keep their crypto safe, but what happens when one of these massive institutions lose the keys after you trust them with your money?
Interested in Crypto Retirement Accounts? Check out iTrust Capital!➡️ https://itrust.capital/Bitboy
💱 Use this link to trade with us on BitGet, an exchange that puts users and security first. ➡️ https://bitboycrypto.com/deal/bitget
Join The BitBoy & BitSqud August 24-26th in Denver, CO! Receive 10% off your tickets by clicking on this link, creating an account & using code BITBOY10: ➡️ https://rareevo.io/
NEW to crypto or NEW to the channel, join the BitSquad:
📚 Grab My Book ➡️ https://bitboycrypto.com/book/
📚 Learn more about crypto ➡️ https://bitlabacademy.com
📈 BitLab Trading Suite | Get access to the best trading indicators ➡️ https://bitlabacademy.com/indicators
Protect Your Crypto in Cold Storage:
💳 BC Vault Cold Wallet ➡️ https://bitboycrypto.com/deal/bcvault
💳 Trezor Cold Wallet ➡️https://bitboycrypto.com/deal/trezor
BitSquad Tools:
🧾 Need crypto tax help? GET 10% off CoinLedger tax tracking services with code: BITBOY ➡️ https://bitboycrypto.com/deal/coinledger
🔬 Research with Token Metrics ➡️ https://bitboycrypto.com/deal/tokenmetrics
⚙️Lux Algo Trading Tool ➡️ https://bitboycrypto.com/deal/luxalgo
🛠 Market Cipher Trading Tool ➡️https://bitboycrypto.com/deal/marketcipher
Represent Your Crypto Squad:
👕 Best Crypto MERCH ➡️ https://www.hitmerch.com/
Come Stake On-Chain with The BitSquad:
🧐 How to join Cardano (ADA) BitPool ➡️ https://bitboycrypto.com/staking/cardano/
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Connect with Me & the BitSquad!
Join Me on Twitter ➡️ https://twitter.com/Bitboy_Crypto
Join Me on Instagram ➡️ https://www.instagram.com/bitboy_crypto
Join Me on TikTok ➡️ https://www.tiktok.com/@realbitboycrypto
Join Me on Rumble ➡️ https://rumble.com/c/BitBoyCrypto
Join Me on Minds ➡️ https://www.minds.com/bitboy_crypto
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
0:00 Intro
1:00 Receivership
1:59 More Problems
3:49 FTX Ties
5:17 Swan Bitcoin
6:43 Old CEO
7:10 Banq
7:36 Coinbits & Binance
8:01 TUSD
8:24 Outro
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
Sources:
https://www.coindesk.com/policy/2023/06/27/nevada-places-crypto-custodian-prime-trust-into-receivership/
https://www.coindesk.com/business/2022/06/22/prime-trust-raises-107m-with-eyes-on-crypto-ira-tokenized-asset-products/
https://www.theblock.co/post/236014/bitgo-says-its-terminating-acquisition-of-prime-trust?utm_source=twitter&utm_medium=social
https://www.primetrust.com/blog/prime-trust-statement-on-ftx-fallout
https://www.primetrust.com/blog/prime-trust-statement-on-ftx-fallout
Not luck AND didn’t know.
We’d been prepping to move for 9 months, had already moved some users/states to Bitgo, and pulled the trigger when PT lost Connecticut bc that regulator was going to force the sale of user BTC.
If a custodian keeps losing states you need to change. You…
— Cory Klippsten | Swan.com 🦢 #Bitcoin (@coryklippsten) June 28, 2023
https://dockets.justia.com/docket/florida/flsdce/0:2022cv61688/619889
https://casetext.com/case/banq-inc-v-purcell-5
#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation #cardano #cryptocurrency #xrp #litecoin #dogecoin #shibainucoin #world #asia #americas #europe #middleeast #africa #southafrica #unitedkingdom #france #brazil #argintina #mexico #spain #korea #india #germany