Distressed crypto lending platform Vauld was granted another period of extension of creditor protection from the Singapore High Court until March 24, during which the company will work out revival pla...
Tag: Vauld
Vauld Creditors Frustrated as Court Extends Moratorium
The Singapore High Court has granted bankrupt crypto exchange Vauld until March 24, 2023, to develop a new plan to reimburse creditors after its acquisition deal with Nexo fell through. The ruling com...
Vauld gets yet another creditor protection extension until March 24
Published 40 minutes earlier on Asian crypto lender Vauld received a further extension to its legal protection from creditors at a Singapore High Court hearing on Monday — albeit a shorter delay than ...
Distressed Crypto Firm Vauld Given New Deadline for Restructuring Plan as Customer Funds Remain Frozen: Report
Embattled crypto lender Vauld now has until February 28th to come up with a restructuring plan without getting hounded by claims from creditors. The company is initially set to submit its revival plan...
Crypto Lender Vauld Gets Yet Another Creditor Protection Extension
8 hours ago | 2 mins read Defi News Initially, the protection was ruled to continue until the 7th of November in 2022. Vauld has been given an additional month to come up with a strategy. According to...
Crypto Firm Vauld Gets Creditor Protection From Singapore Court
The crypto space witnessed the bankruptcy of some firms due to the prevailing bearish trend in 2022. Without much warning, the crypto winter swept off lots of funds as the value of most crypto assets ...
Crypto Lender Vauld Granted Extension for Restructuring Plan
Embattled crypto lender Vauld has been granted an extension on the period of creditor protection by a Singapore court to February 28, 2023. Cryptocurrency lending platform, Vauld’s period of creditor ...
Vauld has until Feb. 28 to figure out a revival plan
Crypto lender Vauld secured an extension from the Singapore High Court on Jan. 17 to finalize its revival plan, Bloomberg reported. Vauld’s creditor protection was set to expire on Jan. 20 and the len...
Crypto Lender Struggles Extended Creditor Protection For Vauld
A troubled cryptocurrency lending platform known as Vauld has been given an additional term of creditor protection by a court in Singapore. Before February 28th, the business has to devise a strategy ...
Vauld Teeters on the Brink After Nexo Deal Rejection
Beleaguered crypto exchange Vauld successfully appealed to a Singapore court to extend its creditor protection after its deal with Nexo fell through. Vauld has until Feb. 28, 2023, to develop a restru...
Court Grants Vauld Creditor Protection Until February 28
Crypto lender Vauld gets creditor protection extension till February 28. The extension is comparatively less than the requested April 21. Singapore court provided the extension to Vauld at a hearing t...
Distressed Crypto Firm Vauld Receives More Time to Present a Restructuring Plan (Report)
The Singaporean authorities have reportedly granted Vauld an extended period of creditor protection. The cryptocurrency lender has until February 28 to introduce a revival plan. Vauld is one of the w...
Troubled crypto lender Vauld gets extended creditor protection
Embattled crypto lending platform Vauld was granted another period of creditor protection from a Singapore court. The company should come up with a revival plan before Feb. 28. As reported by Bloombe...
Vauld gets creditor protection until Feb. 28 — shorter than requested
Troubled Asian crypto lender Vauld has received a further extension to its legal protection from creditors — albeit a shorter delay than requested. The company now has until Feb. 28 to explore o...
Nexo to relinquish Vauld— can prices hold up?
Vauld rejected Nexo’s final offer of acquisition. Co-founder’s private letter mentioned about the rejection of the offer. Volume stands at $7.131 billion, falling by 14%. Vauld, a crypto lending firm,...
Nexo Accuses Troubled Rival of Pursuing ‘Secret Deal’
Crypto lender Nexo is seriously salty that its acquisition of troubled rival Vauld has been rejected for a final time, in a move that would have sought to make its creditors whole. In an open letter o...
Nexo Price Prediction: Will NEXO Hit $1 Despite Their Proposal Getting Rejected By Vauld?
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Vauld rejects final acquisition offer from Nexo
Crypto lending firm Vauld has rejected a long-standing acquisition offer from its larger competitor, Nexo, according to various reports on Jan. 5. In a private letter, Vauld co-founder and CEO Darshan...
Vauld Rejects Nexo’s Another Acquisition Proposal: Nexo Solvency Proof required
Nexo has been trying to acquire Vauld since January 2023. Nexo has announced that it is quitting the US market; how will the US customers be treated? US creditors want proof that Nexo is solvent. Re...
NEXO Price Prediction as Vauld Rejects Nexo Takeover Offer Again
Join Our Telegram channel to stay up to date on breaking news coverage NEXO, the utility token of cryptocurrency lending/trading platform Nexo, was last trading higher by close to 4.0% on Friday, maki...
Crypto lender Vauld rejects Nexo’s final acquisition proposal
Disturbed digital asset lender Vauld and its committee of creditors (COC) have declined rival Nexo’s final acquisition proposal in concerns about its financial health difficulties. Nexo loses procurem...
Vauld Rejects Nexo’s Latest Acquisition Proposal
Vauld rejected a renewed takeover proposal by crypto finance firm Nexo, citing concerns with the company’s financial health. According to The Block, Vauld “unanimously” rejected Nexo’s proposal, with ...
Nexo says Vauld CEO doesn’t have ‘best interest’ of creditors in mind
A dramatic tussle between rival crypto lenders Vauld and Nexo escalated on Thursday, with the two companies throwing barbs over a proposed acquisition. Shortly after The Block reported that Vaul...
Vauld rejects Nexo’s ‘final’ acquisition proposal, questions company’s solvency
Troubled crypto lender Vauld and its committee of creditors (COC) rejected rival Nexo’s “final” acquisition proposal due to concerns about Nexo’s financial health and others is...
Nexo Offers to Buy Vauld – Again
Crypto lending platform Nexo informed Vauld’s creditors through an open letter that its deal with rival Vauld is still on. Vauld was searching for restructuring options and filed for creditor protecti...
Nexo Says It ‘Has Not Given Up’ On Bailout for Rival Crypto Lender Vauld
Nexo has denied reports that talks over the potential acquisition of troubled rival crypto lender Vauld have been terminated. In response, a person familiar with the matter tells Decrypt that any deci...
Nexo Terminates Vauld Acquisition Deal Ending Six-Month-Long Discussions
Swiss crypto lender Nexo recently terminated its acquisition deal with embattled Singaporean crypto lender Vauld. Nexo has ended discussions with rival crypto lender Vauld regarding a potential acquis...
Nexo claims that it “has not given up” on helping rival cryptocurrency lender Vauld
Join Our Telegram channel to stay up to date on breaking news coverage Reports that negotiations regarding the possible acquisition of ailing rival crypto lender Vauld have been canceled have been ref...
Nexo Says Takeover of Crypto Lender Vauld Still On As Deadline Approaches: Report
Nexo is reportedly still planning on finding a suitable agreement in negotiations to take over crypto lender Vauld. According to a report from Bloomberg, talks between Nexo and Vauld are currently at ...
Vauld Says Nexo Acquisition Called Off
The Singapore-based crypto lending platform Vauld rejected Nexo’s recently updated terms and conditions. On December 26, Bloomberg reported that acquisition talks between Vauld and Nexo were not settl...
Nexo Says Acquisition Talks With Rival Vauld Are Falling Apart, but Not Yet Dead
Crypto lender Nexo has reached the “enough is enough” point when it comes to its troubled bid to acquire a competitor, Vauld, the company said this week. In a letter sent to Vauld’s creditors on Monda...