Major Bitcoin Banking Partner Prime Trust Has Fired CEO Tom Pageler

Pageler had helmed the Nevada-based bank 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.Spokespeople for Prime Trust could not immediately be reached. Pageler did not respond to multiple requests for comment.Prime Trust raised $107 million in June during a Series B round, looking to expand its services. Chief Financial Officer Rodrigo Vicuna declined to share the company’s valuation at the time.

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