Vauld nixes potential acquisition by industry rival Nexo
While reports on the cancellation of the acquisition are widespread, insiders claim Vauld and Nexo have yet to finalize the agreement, with the latter remaining keen on pursuing the deal.
Latest Vauld News
Troubled lender Hodlnaut applies for creditor protection in Singapore
Hodlnaut is following the path taken by Zipmex and Vauld, two other troubled VASPs which were given three months of breathing space to sort things out.
Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood
Two weeks since granting Vauld protection, Singapore has extended the same to Zipmex, an exchange whose tie-up with Babel Finance and Celsius was its downfall.
India going after WazirX over its role in yet another $130M laundering scandal
The Enforcement Directorate accuses WazirX of using an opaque management setup and poor KYC programs to allow exploitative loan apps to launder millions between India and China.
Vauld granted 3-month creditor protection in Singapore
The collapsing digital asset lender Vauld applied for a six-month moratorium, but the Singaporean judge ruled that this would impact supervision and monitoring.
Peter Thiel-backed ‘crypto’ lending platform Vauld bankrupt
Singapore-registered/India-based Vauld filed an application for a moratorium order under section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018, seeking a six-month pause on any order or resolution.
Contagion spreads in digital currency markets as Vauld suspends withdrawals
Just as things seemed to be settling down in the digital currency space, Vauld, a lender backed by Coinbase, has suspended withdrawals and hired advisors to explore restructuring.