The collapse of crypto custodian Prime Trust in recent months has underscored the inherent risks of self-custody within the cryptocurrency industry, according to Diogo Monica, CEO of San Francisco-based crypto bank Anchorage Digital.
Speaking in an interview with crypto news outlet Decrypt, Monica emphasized that Prime Trust’s failure wasn’t due to the technology they used to safeguard digital assets but rather their inability to effectively utilize it….
Read More: Anchorage Digital CEO Highlights ‘Widespread’ Self-Custody Risks After Prime Trust Bankruptcy