stuck in life: Vauld

Crypto lender Vauld on Monday paused all withdrawals trading and deposits on its platform and is exploring potential restructuring options the company said. Vauld CEO Darshan Bathija.

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. Vauld intends to apply for a moratorium in the Singapore courts to get a breathing space to carry out the proposed restructuring exercise Vauld further said in the statement. Vauld has seen withdrawals of around 198 million since June 12 the day when the downturn in crypto markets began to come to a head with crypto lender Celsius pausing. Cryptocurrency exchange Vauld has suspended its operations including withdrawals trading and deposits on its platforms the company said in a statement on.

Darshan Bathija Vauld founder and chief executive revealed that Vauld had engaged. Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors the latest sign of stress in the. Vauld said that depositors had withdrawn nearly 200 million in the weeks leading up to this decision.

Vauld a Singapore-headquartered crypto lending and exchange startup has suspended withdrawals trading and deposits on its eponymous platform with immediate. In a blog posted on the. Vauld a crypto lender backed by Coinbase and investor Peter Thiel has halted withdrawals and trading on its platform as the credit crisis in the digital asset market intensifies.

Amid broader volatility in the crypto market due to several global macroeconomic factors and the recent collapse of multiple crypto-financial. Vauld Impacted by Three Arrows Capital Default. Vauld denied having any connection to Three Arrows Capital and the insolvent cryptocurrency lender Celsius in a statement on 16 June.

Vauld CEO Darshan Bathija said in a blog post that it was facing financial challenges due to the volatile market conditions the financial difficulties of our key business. Singapore-based Vauld on Monday became the latest cryptocurrency platform to pause customer withdrawals as a result of the nascent markets steep decline over the past. Indian crypto exchange Vauld has suspended trading deposits and withdrawals on its platform citing financial challenges amid.

41 Mins Ago. Vauld a KYC compliant crypto exchange operating in India has suspended all withdrawals deposits and trading citing financial challenges. Vauld said it is.

Vauld an asset-backed lending and borrowing platform supported 30 cryptocurrencies and partnered with exchange and custody partners such as Binance and. The company said it would apply for a moratorium in Singapore against any. Vauld a crypto lender backed by Coinbase Inc said it suspended withdrawals and hired advisers to explore a potential restructuring as fallout from the slump in digital assets.

Vauld recently raised 275 million in funding and is now exploring restructuring options. Vauld was founded in March 2018 and had generally enjoyed life in the crypto lending game surviving the 2018-19 bear market. Vauld the Coinbase-backed Indian cryptocurrency exchange said on Monday it is suspending all withdrawals trading and deposits as it battles financial challenges.

Vauld CEO Darshan Bathija said that this is due to a combination of circumstances like volatile market conditions the financial difficulties of our key business partners inevitably. SINGAPORE REUTERS - Singapore-based crypto lending and trading platform Vauld said on Monday Jul 4 that it would suspend withdrawals and trading and seek. Vauld laid off 30 of its staff last month.

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