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Bankrupt Darshan Bathija-led Vauld to hire new CEO, Board to bailout creditors

Darshan Bathija founded Vauld, a Singapore-based crypto exchange that has been in ongoing bankruptcy proceedings.

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Bankrupt Darshan Bathija-led Vauld to hire new CEO, Board to bailout creditors

Darshan Bathija-founded Vauld, a Singapore-based crypto exchange that has been in ongoing bankruptcy proceedings since last year, has received permission from the courts to restructure its board and appoint a new CEO.The beleaguered .

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Bankrupt Darshan Bathija-Led Vauld To Hire New CEO, Board To Bailout Creditors

Bankrupt Darshan Bathija-Led Vauld To Hire New CEO, Board To Bailout Creditors
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Crisis-Stricken Vauld To Appoint New CEO, Board To Aid Creditor Bailout

Troubled crypto-lending startup Vauld will replace its current board with a new CEO, a creditor representative, and a scheme manager

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Troubled crypto lending startup Vauld to get a new CEO and board members to bailout creditors

Darshan Bathija, co-founder and CEO of Vauld, said that the startup got its scheme of arrangement passed in Singapore courts. As part of the scheme, the current board will be replaced with a new CEO, a creditor representative, and a scheme manager.

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