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Crypto lender Vauld suspends withdrawals
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finextra.comIt has brought in financial and legal advisors as it looks into its options, including a potential restructuring, to "best protect the interests of Vauld's stakeholders".Vauld - which counts Valar Ventures, Coinbase Ventures and Pantera Capital among its backers - says it is "in discussions with potential investors".The decision to suspend withdrawals comes just three weeks after Vauld said it was processing withdrawals "as usual and this will continue to be the case in the future".Last month, crypto lender Celsius paused withdrawals thanks to “extreme market conditions.”
. Read more on finextra.comAbout this in other media
Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filing economictimes.indiatimes.com /2 years ago
Crypto lender Celsius Network files for bankruptcy after cash crunch business-standard.com /2 years ago
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