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BitGo
Crypto Custody Firm BitGo Withdraws Acquisition of Rival Prime Trust
Cryptocurrency custodian BitGo terminated its acquisition of rival Prime Trust after earlier this month reaching a preliminary agreement to acquire the firm for an undisclosed amount amid speculation it was facing bankruptcy. "The Hash" panel weighs in on Prime Trust's rocky journey in recent months.

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.

BitGo's Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge
Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market.

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
The financial terms of the deal were not disclosed by the source.

U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now
Crypto companies are being hamstrung by legislative inaction as much as an ill-advised policy of regulating by enforcement, BitGo CEO Mike Belshe said.

Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance. Plus, custody provider BitGo releases security features designed to protect owners of Bitcoin Ordinals Inscriptions, which allow people to inscribe text, images and even videos directly on the Bitcoin blockchain.

Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.

2022 Was Undeniably Miserable Year for Crypto: BitGo CEO
During a crypto hearing held by the House Financial Services Committee’s subcommittee on digital assets, financial technology and inclusion, BitGo CEO Mike Belshe outlined the underlying problem for the digital assets industry in the wake of Silvergate Bank's collapse.

The SEC's Custody Rule Would Be a Net Positive for Crypto
Crypto exchanges should be required to separate their custody and trading businesses, says Mike Belshe, the CEO of BitGo.

A 5-Pronged Approach to Sensible Crypto Regulation After FTX
Mike Belshe, CEO of BitGo, makes the case to improve oversight of stablecoin reserves, separate trading and custody accounts and minimizing the use of "omnibus wallets."
