🌐 Exclusive: Altura investors allege fake bank records in $32M dispute

👀 Investors in the collapsed Altura stablecoin vault have alleged that approximately $32 million remains unaccounted for four months after the protocol began winding down, with a UK legal dispute raising new questions about the location of customer funds.

⚠️ In correspondence sent directly to cryptonews on October 28, a person identifying himself as Leo said affected investors had pursued court proceedings and financial tracing after promised withdrawals failed to materialize. He cited UK case reference BL-2026-001127 and alleged that records obtained during the investigation contradicted explanations previously given by Altura founder Ranveer Arora.

🔔 Consequently, the allegations concerning missing funds, potentially misleading bank documents and asset transfers remain unproven. By late July, the explanation for delayed repayments had changed. Altura said approximately £16.4 million intended for redemptions was held in a bank account undergoing an internal restriction, delaying a planned conversion into USDT.