Crypto startup Weld Money announced the cessation of its activities and warned users about the need to withdraw their funds from crypto wallets.
Crypto startup Weld Money announced the cessation of its activities and warned users about the need to withdraw their funds from crypto wallets.
The corresponding ad is posted on the Weld Money social media channel.
«Please be sure to withdraw all funds from your cards and wallets by June 30. After this date, access may be limited,» Weld noted.
At the same time, Weld explained the cessation of its activities by military and regulatory restrictions in force in Ukraine.
If you have any problems withdrawing funds from Weld Money, please contact one of the co-founders on Telegram — @alexeybobok.
At the same time, if we analyze the comments on the TG channel under previous posts, we can already see a number of user complaints back in March.
Recall that the fintech startup Weld Money was founded in 2020 by Oleksiy Meretsky, Oleksiy Bobok, and Iryna Lorens.
At the same time, dev.ua wrote back in 2023 that the owners of the crypto startup were already unable to pay salaries to employees.
Back in 2021, Concorde Capital (Ukraine), Magnus Capital (USA), and 7 O’Clock Capital (China) became investors in the Ukrainian startup Weld Money.
