Techub News reported that @lopp said on X that bitcoin treasury company DVLT had collapsed. According to the post, the company told investors it still could not withdraw BTC from Biconomy, the exchange holding all of its treasury funds, even after withdrawal requests had been pending for four months. The report tied DVLT’s decline to the failed withdrawal process and the concentration of its treasury assets on a single exchange. No additional figures, company statements, or operational details were provided in the source. The account cited in the report was @lopp, and the exchange named was Biconomy. The source did not disclose how much BTC was involved or whether Biconomy had responded.
Techub News reported that @lopp said on X that bitcoin treasury company DVLT had collapsed after telling investors it still could not withdraw BTC from Biconomy.
According to the report, Biconomy was holding all of the company’s treasury funds, and the withdrawal requests had remained unresolved for four months.
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