Nevada courtroom approves regulator’s petition to put Prime Belief into receivership, pending listening to

The Eighth Judicial District Court docket of Nevada has granted a petition from the state’s Monetary Establishments Division (NFID) putting crypto custodian Prime Belief into receivership, pending a listening to to indicate trigger.

In a July 14 submitting, the Nevada courtroom ordered the appointment of a receiver for Prime Belief following a June 26 petition from the state monetary regulator. Prime Belief can have a chance to indicate trigger why the petition shouldn’t be completely granted in an Aug. 22 listening to.

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