Altura updates clearance redemption progress, $14.97 million has been recovered

On chain revenue platform Altura has disclosed the progress of its strategy clearance, and has currently recovered $14.97 million, with $6.95 million still outstanding. According to the schedule provided by partner Inessa, the remaining funds are expected to arrive on or before July 23rd. After the funds are received and verified, they will be redeemed by purchasing USDT0 through over-the-counter counterparties and injecting it into the vault. The monthly service agreement between Altura and Accountable will terminate on July 17th, and subsequent fund flows will be announced through Altura's self built Proof of Reserve (POR) platform.