Tag: vauld

Aug 14 2022

India’s Federal Agency ED Froze Crypto Exchange Vauld’s Assets Worth $4.6 Million

Aug 14 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto news vauld

India's Enforcement Directorate (ED) froze assets amounting to $46 Million belonging to Vauld which is a cryptocurrency exchange. In Vauld's press release, the company stated that it disagreed with the claims made by ED on Vauld's KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. These assets seized by the ED were found stored in bank accounts, payment gateway balances and wallets too...

Aug 13 2022

Vauld Fights Money Laundering Allegations; Says It Disagrees With Freeze Order

Aug 13 2022 Published at Coingape under tags  crypto money laundering news vauld

The Enforcement Directorate of India (ED) launched its back to back inquiry over several digital asset exchange platforms. Recently, Singapore based crypto exchange, Vauld, landed under the radar of the anti money laundering agency....

Aug 12 2022

Authorities Accuse Vauld’s Indian Entity of Aiding in Money Laundering

Aug 12 2022 Published at Crypto Briefing under tags  india news vauld

Authorities in India have frozen $46 million in assets belonging to Vauld's legal entity in the country. Abetting Money Laundering Vauld has been accused of helping a client launder money....

Aug 02 2022

Cryptocurrency lender Vauld receives three-month protection from creditors

Aug 02 2022 Published at Coinscreed under tags  news vauld

The moratorium approved on Monday, according to Vauld parent company Defi Payments Ltd, will provide it the time to develop a restructuring strategy. The troubled cryptocurrency lending platform Vauld has been given a brief reprieve from creditors after the Singapore High Court on Monday granted it a three-month moratorium. According to a Bloomberg article, Justice […] The post...

Aug 01 2022

Vauld gets three-month moratorium from Singapore High Court for protection against creditors

Aug 01 2022 Published at CryptoSlate under tags  bankruptcy bear market lending vauld

Crypto platform Vauld, which halted customer withdrawals last month, has secured protection against creditors for three months from the Singapore High Court, Bloomberg News reported Aug. 1. Vauld's parent company Defi Payment Ltd. had requested the court for a six-month moratorium. However, the court only granted a moratorium for three...

Just In: Vauld Moratorium Approved, Here’s What Users Plan For Recovery

Aug 01 2022 Published at Coingape under tags  asian crypto exchanges news vauld

In a fresh development, the Vauld moratorium request was approved by a Singapore court on Monday. After Vauld publicly announced it had financial difficulties, it sought a relief period to let it sort out a recovery. This...

Jul 20 2022

Winter Came For House Zipmex: Exchange Becomes Latest To Halt Withdrawals

Jul 20 2022 Published at Bitcoinist.com under tags  celcius crypto news vauld zipmex

The Singapore-based cryptocurrency exchange Zipmex is the most recent in a line of crypto businesses to halt user withdrawals and transactions "until further notice." Zipmex Halts Customer Withdrawals In light of the unstable market conditions, the cryptocurrency exchange Zipmex on Wednesday suspended users from withdrawing their cryptocurrencies. The exchange announced the decision on...

Jul 12 2022

Vauld Customers Slam CEO For ‘Dicey’ Email On Recovery Plan

Jul 12 2022 Published at Coingape under tags  news nexo vauld

On Monday, Vauld cofounder and CEO Darshan Bhatija shared a few updates on their discussions with financial and legal advisors. In an email to Vauld customers, he explained how the management plans to explore possible options to resolve the crisis. The cofounder also shared about the chances of closing an acquisition deal with Nexo, as...

Jul 11 2022

Vauld Customers Demand Swapping Enabled, As Nexo Update Awaited

Jul 11 2022 Published at Coingape under tags  news nexo vauld

As anxious customers await an update on Vauld's future course of action, there are rising demands for allowing minimal features. The users are asking for clarity what could be the fate of their funds. Many users are also starting to believe that their money, or a part of it, is lost already. Overall, the Vauld...

Breaking: Vauld’s Backup Plan Amid Nexo Deal Talks, Customer Fears

Jul 11 2022 Published at Coingape under tags  news nexo vauld

As Vauld customers await a plan towards resolving the fund crisis, the company looks all set to reveal an update. Also, the company is yet to reveal how the talks with Nexo are going with respect to a potential 100% acquisition. Meanwhile, Vauld co-founder Darshan Bhatija is speaking to the user community on the company's...

Jul 08 2022

Breaking: Vauld Users To Take Haircut On Deposits? Here’s Why

Jul 08 2022 Published at Coingape under tags  crypto exchange news vauld

After abruptly suspending withdrawals, trading and deposits on its platform, Vauld depositors are eagerly waiting for an update on funds. On Monday, the exchange said it was exploring restructuring options with its financial and legal advisors. But going by the events that led to the collapse of credit ecosystem in crypto space, it looks like...

Jul 05 2022

Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld

Jul 05 2022 Published at Crypto Briefing under tags  business nexo vauld

Vauld is one of several crypto lending firms facing insolvency issues due to the crypto market downturn. Nexo Looks to Acquire Vauld Nexo is making plans to acquire Vauld. In...

Jul 04 2022

Crypto Investment Platforms Voyager Digital and Vauld Halt Operations Due to a Liquidity Crunch

The ongoing cryptocurrency downturn has led to a massive drop in market valuations of most digital assets. Bitcoin is down more than 34% in the past month, Ethereum close to 40%. As a result of plunging values, several cryptocurrency lending and investment platforms are facing severe liquidity challenges.

Crypto Lender Vauld Halts Withdrawals As Stress Mounts On Crypto Industry

Vauld's CEO has said that the crypto exchange is halting all trading, deposits, and withdrawals owing to financial difficulties. Vauld Suspends Withdrawal As it navigates "financial challenges," Vauld, a Singapore-based cryptocurrency lending and exchange firm, has suspended withdrawals, trading, and deposits on its platform. The three-year-old firm, which has raised approximately $27 million from investors including Pantera...

Beaten by the Market, Vauld Becomes Latest Crypto Lender to Freeze Withdrawals

Jul 04 2022 Published at Crypto Briefing under tags  business three arrows capital vauld

The crypto lending and trading platform Vauld has suspended customer withdrawals and hired financial and legal advisors to help it evaluate potential paths forward amid volatility in the crypto market....

Binance CEO Takes A Dig At Vauld, Here’s Why

Jul 04 2022 Published at Coingape under tags  changpeng “cz” zhao news vauld

Binance’s CEO Chengpang “CZ” Zhao took to Twitter to take a dig at Vauld, a Singapore-based...

Vauld keys lost: Singapore cryptocurrency exchange halts withdrawals

Jul 04 2022 Published at Coinscreed under tags  news vauld

Vauld, a cryptocurrency-focused lender, has halted all withdrawals, trading, and deposits with immediate effect. Another victim of the crypto contagion. The painful decision to suspend all withdrawals, trading, and deposits on the Vauld platform with immediate effect has been made by Singapore-based cryptocurrency exchange Vauld. The business plans to "appeal to the Singapore courts for […] The post...

Jan 23 2022

Vauld AMA With CEO Darshan Bathija

Jan 23 2022 Published at Altcoin Buzz under tags  ama spotlight vauld

Vauld is a cryptocurrency platform based in Singapore. Vauld helps customers to purchase, lend, borrow, and trade cryptocurrency from a unified platform. The General Manager of Altcoin Buzz, Anindya (Ani) Baidya, anchored the Vauld AMA session on our Telegram channel with Darshan Bathija, the CEO of Vauld. Below is a recap of the...

Jan 18 2022

A Complete Guide of Vauld, BlockFi’s Killer.

Are you waiting for the market to reverse or just unsure of market conditions right now? We are always looking for an easy way to earn some money while waiting for the next buying opportunity. You know that feeling when you just want to park your money, earn profits from it, and then take some of it back for your next investment. Well,...

Nov 16 2021

Vauld Review – Retail Crypto Banking and Investing Platform from India

How reliable is Vauld crypto platform?Should Indians be using Vauld lending and borrowing service?What are the pros and cons of Vauld exchange? In this detailed Vauld review, you will get answers to...

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