'Nexo Has Not Given Up On Its Attempt to Save Vauld' – This is What Happened

There is no deal (yet) in the acquisition talks between crypto lender Nexo and its rival Vauld, while the latter has less than a month to present a restructuring plan to creditors. That said, there is contradicting information coming from the two sides.
Several news outlets have reported that the deal has been terminated altogether - though it remains unclear by whom, how, or when. The same reports noted, however, that Nexo reportedly stated that the talks are still ongoing....
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