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Altura Says £16.4M Bank Account Restricted During Vault Wind-Down

Covered by 2 sources · 2 articles

2 outlets - including Cryptopress and Cryptoadventure - are covering this story. Altura said a bank temporarily restricted an account holding £16.4 million, blocking the DeFi yield protocol from converting the cash into USDT for its final round of user redemptions. The funds had returned from Altura’s underlying investm…

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Altura Says £16.4M Bank Account Restricted During Vault Wind-Down
Cryptopress Jul 29, 07:01 UTC

Altura Says £16.4M Bank Account Restricted During Vault Wind-Down

Altura said a bank temporarily restricted an account holding £16.4 million, blocking the DeFi yield protocol from converting the cash into USDT for its final round of user redemptions. The funds had returned from Altura’s underlying investm…

Altura Says £16.4M Bank Account Restricted During Vault Wind-Down
Crypto Adventure Jul 29, 04:50 UTC

Altura Says £16.4M Bank Account Restricted During Vault Wind-Down

Altura said a bank temporarily restricted an account holding £16.4 million, blocking the DeFi yield protocol from converting the cash into USDT for its final round of user redemptions. The funds had returned from Altura’s underlying investm…