In a fresh development, the Vauld moratorium request was approved by a Singapore court on Monday. After Vauld publicly announced it had financial difficulties, it sought a relief period to let it sort out a recovery. This approval gives Vauld time until November 7, till when the management would be protected from legal issues. Last month, it was also anounced that Vaud was exploring a 100% acquistion plans with Nexo.
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