intends to seek authority to honor client withdrawal requests from its customer wallet accounts, in whichassets are held in custody. However, the company did not disclose plans for how it might treat withdrawal requests from its other products, including interest-bearing accounts.clients may ultimately recover a substantial portion of their investments,” Renzi said in the filing.was founded in 2017 by Prince, currently the company’s chief executive officer, and Flori Marquez.
Though headquartered in Jersey City,In July, Prince had tweeted that “it’s time to stop putting“Two months ago we looked the ‘same.’ They shut down and have impending losses for their clients,” he said.published earlier this year by Inc, Prince was raised in San Antonio, Texas, and financed his college education at the University of Oklahoma and Texas State University with winnings from online poker tournaments.