ED froze assets despite our full cooperation: Vauld

Crypto lender Vauld said the Enforcement Directorate passed a freezing order despite its full cooperation in a statement released on Saturday.

“We, like several other players offering crypto services in India, had received summons from the Enforcement Directorate, Hyderabad, India in the month of July 2022, seeking certain information/documents. In due compliance with the summons, we fully cooperated with the Enforcement Directorate and provided all the required information/documents,” according to the statement released by the company.