Crypto services firm Prime Trust has fired CEO Tom Pageler

11/30 01:42

Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned. Pageler had helmed the Nevada-based crypto services company since January 2021, according to his Linkedin profile. He was previously its president and chief operating officer. It was not immediately clear why Pageler was fired; in a statement Prime Trust said he had "transitioned" but did not share his new role. However, it did have inexplicable ties with the personal finances of FTX’s top brass. Former FTX CEO Sam Bankman-Fried held tens of millions of dollars with Prime Trust that he later sent to political campaigns, according to a series of contribution disclosures that erroneously stated Prime Trust as the donor but were later corrected. One of his top deputies, Nishad Singh, also sent donations through Prime Trust.
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