Altura Begins Vault Wind-Down After $8.5M USDT Redemption Rush
Altura has begun winding down its vault after processing more than 8.5 million USDT in instant redemptions over 24 hours, shifting the product from normal withdrawal operations into a managed portfolio unwind. Founder Ranveer Arora said Altura had processed over 8.5 million USDT in instant redemptions and would begin an orderly wind-down of the vault. He said counterparties and partners had been notified, investment positions were being closed, and assets would be redeemed based on their settlement profiles.