Title: Yield App Suspends Operations Ahead of Liquidation
Post by: Bitcoin on Jun 29, 2024, 07:48 am
Post by: Bitcoin on Jun 29, 2024, 07:48 am
Yield App Suspends Operations Ahead of Liquidation
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from third-party hedge fund managers on the failed cryptocurrency exchange FTX, which are currently under litigation. To […]
Source: Yield App Suspends Operations Ahead of Liquidation (https://news.bitcoin.com/yield-app-suspends-operations-ahead-of-liquidation/)
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from third-party hedge fund managers on the failed cryptocurrency exchange FTX, which are currently under litigation. To […]Source: Yield App Suspends Operations Ahead of Liquidation (https://news.bitcoin.com/yield-app-suspends-operations-ahead-of-liquidation/)