According to Foresight News, Decrypt quoted sources as saying, "In Nexo's view, any decision on Vauld's future lies in the hands of the company's creditors committee, not its former CEO." Nexo Managing Partner Kalin Metodiev also denied reports that negotiations on a possible acquisition of Vauld had terminated in an interview, and responded that "Nexo has not given up trying to save Vauld and help its creditors recover as much platform funds as possible."
Foresight News previously reported that Nexo has abandoned its acquisition of cryptocurrency lending platform Vauld, according to The Block, citing sources.
