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Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

July 4, 2022 by DIGIT
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On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a […]

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Categories 30% layoffs, 3AC, Bankruptcy, bankruptcy proceedings, Blockfi’s co-founder, celsius, Coinbase Ventures, deposits, Divi Labs, financial advisors, Increased Withdrawals, Insolvency, key business partners, legal advisors, market climate, News, Nick Saponaro, Non Custodial, non-custodial solutions, operations freeze, Pantera Capital, restructuring, restructuring options, Singapore courts, Three Arrows Capital (3AC), trading, Valar Ventures, Vauld platform, Vauld’s Twitter account, voyager, Withdrawals, zac prince
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  • bitcoinBitcoin(BTC)$91,276.001.82%
  • ethereumEthereum(ETH)$3,120.322.31%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.080.67%
  • binancecoinBNB(BNB)$902.840.61%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$134.551.00%
  • tronTRON(TRX)$0.2870430.04%
  • staked-etherLido Staked Ether(STETH)$3,116.562.14%
  • dogecoinDogecoin(DOGE)$0.1407170.42%
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  • bitcoinBitcoin(BTC)$91,276.001.82%
  • ethereumEthereum(ETH)$3,120.322.31%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.080.67%
  • binancecoinBNB(BNB)$902.840.61%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$134.551.00%
  • tronTRON(TRX)$0.2870430.04%
  • staked-etherLido Staked Ether(STETH)$3,116.562.14%
  • dogecoinDogecoin(DOGE)$0.1407170.42%