Source: The Block. According to The Block, Vauld, a crypto lending company, is in financial trouble due to its $10 million FTX balance. This is after the exchange went bankrupt. Vauld is the next company to be affected by the collapse FTX. This company used FTX to execute customer transactions. The exposure is

  

Sources from The Block claim that Vauld, a crypto lending company, is in financial trouble due to its $10 million FTX balance. This is after the collapse of FTX. This company used FTX to execute customer transactions.
One source said that the exposure was worth approximately $10 million. Source says Vauld used FTX and other exchanges to execute trades for its customers because it doesn’t have an order book.
The Block stated that the company has been struggling financially due to its exposure to FTX, and has halted customer withdraws since July. The Block said that the company has been struggling financially due to its exposure to FTX and has halted customer withdrawals in July. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comMayCoincu NewsTags: Crypto LenderFTXIn deptthe blockVauld