The Pearson Airport Scam and Decline of Canadian Trust | The Canadian Bitcoiners Podcast 266 Pt 2

The Pearson Airport Scam and Decline of Canadian Trust | The Canadian Bitcoiners Podcast 266 Pt 2

From The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin by Joey and Len

May 27, 2026 · 46 min

About this episode

The episode discusses the implications of a major custody case involving Bitcoin and emphasizes the importance of self-custody for Canadians.

$970M. ~12,000 Bitcoin. The Prime Trust estate is trying to CLAW BACK coins that already LEFT Swan Bitcoin — and Strike, Galaxy & Fold are next. 2026's lesson: NOT YOUR KEYS, NOT YOUR COINS. Why Canadians must self-custody NOW.On this week's Canadian Bitcoiners Podcast, Joey and Len break down the biggest custody story in years: a bankruptcy court reaching back through the exit door to reclaim roughly 11,994 BTC ($938M), $24.66M in cash from Swan Bitcoin — the clearest "not your keys, not your coins" lesson yet. Then the rest of a brutal self-custody week, plus the privacy tools fighting back.In this episode:- Prime Trust's $970M clawback vs Swan Bitcoin — and why Strike, Galaxy, Fold Compass are next- A Ledger holder loses $1M to a fake paper "support" letter- $6.7M drained from a Kraken & Coinbase user, $5.3M laundered through Tornado Cash- Bitcoin Depot bankruptcy: 9,000+ Bitcoin ATMs go dark- Tether tightens its grip on Twenty One Capital — Jack Mallers says Strike is still his- Australia switches on zero-threshold transfer surveillance (Canada is next)- Italy proves Ordinals are fully traceable using Chainalysis- Sparrow Wallet ships Silent…

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