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TEXXR

Chronicles

The story behind the story

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Crypto lender Vauld disclosed a ~$70M shortfall, listing $330M in assets and $400M in liabilities, but says the numbers may not be final as audits are ongoing

- Vauld has disclosed a shortfall of $70 million in a letter to creditors.  — The firm has also listed multiple other plans if its deal with Nexo doesn't go through.

The Block Yogita Khatri

Discussion

  • @wublockchain Wu Blockchain on x
    Troubled crypto lender Vauld has issued a letter to its creditors and disclosed an overall shortfall of around $70 million. A significant proportion of AUM towards loans with a tenure of another 3-11 months that can't be recalled early. https://twitter.com/...