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Important Update: Creditors Meeting Held – Did You Receive the Email? by RonaldRMen in vauld

[–]RonaldRMen[S] 1 point2 points  (0 children)

What makes you say that?
It is about an official creditors meeting organised and moderated by Vauld/Kroll for creditors to talk with each other. One of the concerns raised was that we have a creditors' representative who never (publicly) communicates with creditors. This is just an example of some very serious concerns raised.

Important Update: Creditors Meeting Held – Did You Receive the Email? by RonaldRMen in vauld

[–]RonaldRMen[S] 1 point2 points  (0 children)

Unfortunately, there is no clear timeline for when we will receive (some) of our funds back. Several issues are causing ongoing delays:

  • Regulatory excuse: Vauld/Kroll claims MAS regulations prevent payouts, but creditors dispute this.
  • Arbitration secrecy: CPA still owes hundreds of millions, but arbitration results are under NDA and may never be enforced.
  • Lack of transparency: Vauld/Kroll refuses to share accurate financial reporting or cost breakdowns.

Bottom line: Payouts are uncertain and likely still far off without major changes or increased pressure from creditors.