Vauld, a major cryptocurrency lender backed by the likes of Coinbase and Peter Thiel, announced they have suspended withdrawals, trading, and deposits due to the crypto market downturn, “financial difficulties of our key business partners”, and a recent bank run of customer withdrawals approaching $200 million.Vauld, which is based in Singapore, also announced that they would be bringing on financial and legal advisors to “explore and analyse all possible options, including potential restructuring options”.