Altura blames bank account freeze for delay in vault shutdown process
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cryptopolitan - are covering this story. TL;DR: A total of £16.4 million remains locked in Altura’s corporate account following an internal review initiated by its banking institution. The DeFi protocol had completed the liquidation of its real-world assets (RWA) after processing…
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Altura Blames Restricted Bank Account for Delays in Final Vault Redemptions
TL;DR: A total of £16.4 million remains locked in Altura’s corporate account following an internal review initiated by its banking institution. The DeFi protocol had completed the liquidation of its real-world assets (RWA) after processing…
Altura blames bank account freeze for delay in vault shutdown process
Altura has announced that the account holding the cash that is meant for the last round of payouts from its stablecoin vault has been temporarily restricted by the bank. The DeFi yield protocol wrote, “The situation is entirely outside of o…