TechFlow News, June 24: Altura released a community update stating that redemptions remain suspended to ensure equal treatment for all AVLT holders. Redemptions will resume uniformly only after all treasury assets have been fully recovered, credited到账, reconciled, and independently verified. The project team confirmed that no security incident has occurred and no assets have been lost.
Regarding treasury disposition: the market-making strategy has been fully exited, with related funds totaling approximately $9.6 million now reflected on the Accountable dashboard; approximately 90% of the MF-One position has been leveraged via Morpho, corresponding to roughly $1.27 million currently held in custody by Cobo; the Inessa position has initiated its exit process, with an estimated total recovery amount of approximately $21.91586 million—funds are expected to be transferred in batches of $1–2 million per banking business day into Altura’s bank account; negotiations regarding the exit of the Travessia Credit position remain ongoing.
Altura stated that, based on current information, it remains highly confident that all AVLT holders will ultimately receive full redemptions. However, per legal counsel’s advice, redemptions will commence only after all treasury assets have been fully recovered and independently verified, to ensure fairness and consistency throughout the process.
Earlier reports indicated that Altura had initiated an orderly treasury liquidation.
