Nexo publicly accuses former management and former CEO of Vauld of forcing Nexo to withdraw from the acquisition deal

ChainCatcher news, cryptocurrency lending platform Nexo accused Vauld's former management and former CEO Darshan Bathija in an open letter of not putting the interests of creditors first and attempting to push Nexo out of the deal to support a fund management company. Nexo stated that it remains committed to completing the transaction to create maximum value for Vauld's creditors. Previously, Vauld rejected Nexo's acquisition proposal, demanding a response from Nexo regarding its solvency by January 6. (source link)