What happens to depositors of Vauld crypto exchange? Vauld Latest News | Market & Business News

Vauld is a crypto exchange backed by the likes of CoinBase and PayPal founder Peter Thiel’s Valar Ventures. It suspended operations on July 4, 2022–including withdrawals, deposits and transactions—almost a year after it raised nearly $27mn. Vauld has claimed “financial challenges” in a LinkedIn post, and attributed that to the crash in the crypto market. It says withdrawals have exceeded $190mn since June 12, 2022. What will happen to Vauld’s investors and depositors? Do they have any rights? Watch ET Now’s Nayantara Rai in conversation with two crypto experts on this hot topic on #StartUpCentral. The experts are: Sidharth Sogani, founder & CEO, CREBACO and Ajeet Khurana, founder, Reflexical.
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