Following the submitting of the stop and desist order, the Nevada Division of Monetary Establishments once more petitioned cryptocurrency administration agency Prime Belief to nominate a trustee.

In a June 26 submitting, the regulator stated: petitioned It sought a brief restraining order from the Nevada Eighth Judicial District Court docket and an order appointing a trustee to Prime Belief Applied sciences, which incorporates its cryptocurrency administration division. Prime Belief has agreed to develop into a trustee together with the regulator based mostly on a “substantial deficit between property and liabilities.”

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