Published 2 years ago

Indian Authorities Freeze Nearly $46M in Assets of Crypto Lender Vauld

Summary by Ground News

Vauld reportedly has debts of US$402 million, with 90% owed to individual investors. The Enforcement Directorate is reportedly investigating more than 10 cryptocurrency exchanges in India for allegedly laundering over 10 billion rupees (US$125 million) Last month, Vauld suspended all withdrawals, trading and deposits on its platform.

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Coin Desk

Indian Authorities Freeze Nearly $46M in Assets of Crypto Lender Vauld

The Peter Thiel-backed project had filed for bankruptcy in Singapore last month.

2 years ago·Manila, Philippines

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watcher.guru

Indian Authorities freeze Vauld assets worth ~$46m

Prominent crypto platform Vauld seems to be swimming in troubled waters as the Enforcement Directorate [ED] of India.....

2 years ago

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Forkast

India authorities freeze Vauld exchange’s assets worth $46.5 mln

India’s Enforcement Directorate (ED), the country’s economic crime unit, on Thursday froze 3.70 billion rupees (US$46.5 million) in assets at the struggling

2 years ago

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