Court grants Coinbase-backed Vauld 3-month protection from creditors

Court grants Coinbase-backed Vauld 3-month protection from creditors


AMB Crypto
2022-08-02 17:30:14

Troubled cryptocurrency lending platform Vauld has been given a brief reprieve from creditors after the Singapore High Court granted it a three-month moratorium on Monday. According to a Bloomberg article, Justice Aedit Abdullah reportedly rejected Vauld’s parent business Defi Payment Limited’s original request for a six-month embargo. This, because of fears that a longer moratorium […]