Vauld Says They Have a Shortfall of $ 70 Millions

Vauld Says They Have a Shortfall of $ 70 Millions


Coinnounce
2022-07-12 10:50:17

According to a blog post from Vauld, there is an asset-liability mismatch, and the ailing exchange is requesting a six-month payment suspension. Unbalanced Asset-liability Darshan Bathija, the CEO and co-founder of the business, informed investors that the parent firm Defi Payments had applied for the moratorium and that “On a group level, Vauld has assets […]