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Yield App Suspends Operations Ahead of Liquidation

Started by Bitcoin, Jun 29, 2024, 07:48 am

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Yield App Suspends Operations Ahead of Liquidation

Yield App Suspends Operations Ahead of LiquidationYield 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 […]

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