Vauld Gets Another Creditor Protection Extension
- Centralized Exchange
- Security
Troubled crypto lender Vauld secured yet another moratorium extension until March 24, 2023, as it struggles to restructure post-collapse. The Singapore-based platform, which halted withdrawals in July 2022 amid the Terra/LUNA fallout, had sought a longer extension to April 28 but got a shorter reprieve. This move frustrated creditors already burned by the cascading failures of 2022. CT buzzed with skepticism about whether Vauld would ever recover or just delay the inevitable rug pull.