Here’s Why Crypto Firm Vauld, Promoted By YouTubers Is In Deep Trouble

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BOOM Live

By Mohammed Kudrati A popular cryptocurrency exchange called Vauld, promoted or featured in several videos by Indian YouTube channels, often with more than a million subscribers during the 2021 cryptocurrency price bull run, is now in deep trouble. The crypto exchange announced that it has halted the withdrawal of funds after facing a cash crunch and has stopped accepting fresh funds as well, while it continues to consult with financial and legal organisations on how to return to normalcy. This situation has prompted it to be a potential acquisition target by Nexo, a British exchange, to enter…

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