Coinbase Head of Product: 88% of Prime Trust Digital Assets Are AUDIO

Coinbase product director Conor grogan tweeted that according to Arkham data, Prime Trust wallets hold a total of $69.71 million in digital assets, of which AUDIO holds $61.51 million, accounting for 88% of its digital currency assets. Foresight News previously reported that Nevada regulators requested bankruptcy administration for Prime Trust, saying it could not meet customer withdrawal requests. Prime Trust owed its customers more than $85 million in fiat currency, but had nearly $3 million in cash. The company also owes customers more than $69 million in digital currency, but currently owns about $68 million in digital assets.