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$32M missing from Altura stablecoin vault amid UK legal dispute over investor funds

Market News
28 Oct 2026, 16:23 WIB
Crypto news
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Bearish
$32M missing from Altura stablecoin vault amid UK legal dispute over investor funds

Investors in the collapsed Altura stablecoin vault claim about $32 million remains missing four months after the protocol began winding down. Allegations include misleading bank screenshots and unverified fund transfers through UK banks, with legal proceedings underway in the UK under case BL-2026-001127. Despite freezing orders, no recoverable funds have been identified, and investors have yet to receive substantial repayments. The situation remains unresolved as Altura and its founder have not responded to these claims, and the exact location of the missing money is unknown.

The Altura stablecoin dispute is the subject, with Pluang's market snapshot providing context as of Oct 28, 2026 20:03 WIB: Among 50 major cryptocurrencies, 41 rose and 8 fell today. CAKE traded at Rp38.090 with a 3.72% gain and a 71% buy order activity, contrasting with SAND at Rp880, up 3.66% with 98% buy orders, and EGLD at Rp61.081, rising 3.63% with 100% buy orders. Typical hold times ranged from 75 to 124 days across these assets.

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