TechFlow news, citing TheBlock's report from sources, the cryptocurrency lending platform Vauld has approximately $10 million worth of assets trapped on FTX. Vauld is expected to hold a meeting with its creditor committee and potential acquirer Nexo on Saturday.
Earlier reports indicated that Vauld informed its creditors via email that it had obtained approval from Singapore’s High Court to extend the creditor protection deadline to January 20, 2023. Vauld halted customer withdrawals in July and disclosed a total shortfall of about $70 million to creditors in a letter dated July 12.Original link
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