Crypto Lender Vauld Files for Protection From Creditors

Three Arrows Liquidators Ask  Singapore Court to Recognize Company's BVI Bankruptcy: Straits Times

The crypto lender – which counts Peter Thiel, Pantera Capital, and Coinbase Ventures among its investors – owes $402 million to its creditors, with 90% of that debt originating from individual retail investor deposits, a July 8 affidavit filed by Vauld co-founder and CEO Darshan Bathija revealed.

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