Altura says $14.97 million has been recovered, with remaining funds due by July 23

Yield platform Altura said it has recovered $14.97 million as it unwinds its strategy, leaving $6.95 million still pending. In an update posted on X, the company said the outstanding funds are expected to arrive on or before July 23, based on a timetable provided by partner Inessa. After the funds arrive and are reconciled, Altura plans to buy USDT0 through an over-the-counter counterparty and inject the tokens into its treasury to complete redemptions. Altura also said its monthly service agreement with Accountable will end on July 17. The company described the move as a normal part of its liquidation process and said there were no operational issues in the relationship. It added that future fund movements will continue to be disclosed through Altura’s in-house proof-of-reserves, or POR, platform.