News/Crypto Lending Platform Vauld Owes About $400 Million to Creditors

Crypto Lending Platform Vauld Owes About $400 Million to Creditors

Jul 20,2022,19:34
The crypto lending platform Vauld owes a total of $402 million to creditors. Of this amount, $363 million (or 90%) comes from individual retail investors' deposits, with the largest creditor owed $34 million. The firm is reportedly seeking a six-month extension for its legal moratorium.
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