BusinessHelp
02/08/2022
Vauld obtained temporary protection from creditors
The High Court of Singapore granted the Vauld crypto-lending platform a moratorium on litigation until November 7, 2022, instead of the requested six months. Bloomberg writes about it.
According to the decision, 147,000 creditors will not be able to file claims against the company. The court did not rule out extending the term depending on Vauld's progress in solving the problems.
Later, the mass media, citing court documents, found out that Vauld's outstanding debt after these events amounted to $402 million. Of these, $363 million went to retail investors. The company did not return $34 million to one of them, and more than $10 million to another three.
23/07/2022
What did you, Elon, give back, where are the diamond hands... Tesla sold 75% of its BTC for $936 million with an approximate loss of 9%. Bitcoin is now trading near $23k after such bad news, because Elon Musk did not fast this time ๐
Technically, BTC is still maintaining a local upward trend for 4H, the support level is $22,750. We also note a retest of the upper level of the lateral, from which we finally broke out the other day. Therefore, it can be said that Elon's tricks to save Tesla have not yet caused personal damage to the crypto market ๐ค
๐น Top 3 in 24 hours:
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