Vauld creditors file an affidavit to prevent another moratorium extension

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The distrust among creditors of troubled cryptocurrency exchange Vauld is growing, as they have filed an affidavit to prevent the exchange from filing yet another moratorium extension.

While Vauld’s previous moratorium expired on January 20, it is currently seeking another extension from the Singapore Court, according to Moneycontrol. Jonathan Jeremy Edelman filed the affidavit with Singapore Court on behalf of creditors William Doerrfeld, Samuel Burton, Jeffrey Howerbush, and Brian Murray, who owe Vauld a total of $2.23 million. Vauld informed its customers that the hearing for this case will begin on February 27. After experiencing financial difficulties, Vauld formed the Committee of Creditors to consult on the best course of action and to provide legal representation to creditors. This committee includes these creditors.

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Vauld creditors file an affidavit to prevent another moratorium extension

The distrust among creditors of troubled cryptocurrency exchange Vauld is growing, as they have filed an affidavit to prevent the exchange from filing yet another moratorium extension.

While Vauld’s previous moratorium expired on January 20, it is currently seeking another extension from the Singapore Court, according to Moneycontrol. Jonathan Jeremy Edelman filed the affidavit with Singapore Court on behalf of creditors William Doerrfeld, Samuel Burton, Jeffrey Howerbush, and Brian Murray, who owe Vauld a total of $2.23 million. Vauld informed its customers that the hearing for this case will begin on February 27. After experiencing financial difficulties, Vauld formed the Committee of Creditors to consult on the best course of action and to provide legal representation to creditors. This committee includes these creditors.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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