Prime Trust Estate Sues Swan Bitcoin for Nearly $1B in Clawbacks

Editorial courtroom desk with a legal brief, Prime Trust ledger, custody notes, and visible BTC and XRP coins

The PCT Litigation Trust filed an adversary complaint against Swan Bitcoin’s operating entity, Electric Solidus Inc., in Delaware bankruptcy court on May 15, 2026, seeking to recover roughly $970 million in assets moved out of Prime Trust before its August 2023 collapse. The case places custody segregation, client trust property and bankruptcy clawback risk at […]