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TechFlow News — A source said that Vauld, the cryptocurrency lending platform which previously suspended withdrawals, claims a counterparty owes it $130 million, and that counterparty is Amber Group.
According to The Block, based on a document it obtained, Vauld CEO Darshan Bathija lent the funds to Amber Group in his personal capacity. Documents provided by Vauld indicate the loan was due to be repaid by June 2023 at the latest.Original link
According to sources, Vauld, the cryptocurrency lending firm that previously suspended withdrawals, claims a counterparty owes it USD 130 million—the counterparty being Amber Group. The Block reported, based on a document it obtained, that Vauld CEO Darshan Bathija lent the funds to Amber Group in his personal capacity. Documents provided by Vauld indicate the latest repayment date for the loan was June 2023.
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