https://archive.ph/0tsZR "The platform, Vauld, said Monday that it froze the ope... | Hacker News

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dangle1 on July 4, 2022 | parent | context | favorite | on: Peter Thiel-Backed Crypto Lender Vauld Suspends Wi...

https://archive.ph/0tsZR

"The platform, Vauld, said Monday that it froze the operations after users pulled almost $200 million over the last three weeks."

JumpCrisscross on July 5, 2022 [–]

Assuming their assets are in crypto, this sounds like they (and Celsius and the rest) are hoping Bitcoin rallies before anyone notices they're insolvent.

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