11:34 Jul 20, 2022 Crypto Lending Platform Vauld Owes About $400 Million to Creditors
The crypto lending platform Vauld owes a total of $402 million to creditors. Of this amount, $363 million (or 90%) comes from individual retail investors' deposits, with the largest creditor owed $34 million. The firm is reportedly seeking a six-month extension for its legal moratorium.
Source Lending
DeFi
Security Incidents
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