Had quite a bit of money on Altura but after the unprecedented number of defi hacks I just decided to keep stables in my wallet.
Redemption was super quick when there wasn’t a mass exit. Hopefully what is said below is true and it’s just a redemption process wind down but overall not being able to take your money out in a reasonable time is scary

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Dear Users,
Over the past 24 hours, we have experienced an unprecedented level of withdrawal requests and have successfully processed more than 8.5 million USDT in instant redemptions.
Given the sustained withdrawal demand and current market sentiment, we have made the difficult decision to begin an orderly wind-down of the Altura vault. Our priority remains the protection of user capital and ensuring all redemptions are completed in a fair, transparent, and efficient manner.
To facilitate this process, we have notified all counterparties and partners of our decision and have started unwinding positions across the portfolio. These positions include allocations held on exchanges, private credit opportunities, and real-world asset strategies. While some positions can be redeemed immediately, others require standard settlement and redemption periods, and we are working closely with all counterparties to accelerate the process wherever possible.
We want to reassure all users that the wind-down is being conduc
So now we have a firm that “proves the financial health” of many projects, but is caught lying about the backing of certain projects, especially Main Street.
A stablecoin project with 60 million stablecoins issued.
–> Heavy stress on projects that have accountable dashboards, including Altura.
–> Quite a bit of redemption on Altura’s AVLT.
–> Swaps are currently impossible, only redemptions with a 3‑day delay.
–> They tweeted that they were stopping everything that day.
–> No idea what’s happening, nor whether they have the money…
Personally I started the 3‑day redemption, but have no idea what will happen…
$ALT 👀 https://t.co/yo4sQ1FoHA
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Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.