According to Wu Blockchain, the on-chain yield platform Altura has announced that it has temporarily suspended the AVLT redemption function. The official statement emphasized that this move is not due to any exploit or asset loss but to ensure a smooth liquidation of treasury assets. The current treasury liquidation progress is as follows: the market-making strategy has been fully liquidated, with approximately $9.6 million currently stored on the OKX exchange; about 90% of the MF-One position has been lent out via Morpho, with approximately $1.27 million currently stored on Cobo; the liquidation of the Inessa position is underway, with a total of $21,915,860 expected to be recovered. On June 23, a $10,000 test transfer was initiated to JPMorgan, and subsequent transfers will proceed at a pace of $1 million to $2 million per banking day. Once the full amount is received, the funds will be exchanged in a single transaction on HyperEVM and injected into the redemption insurance pool. Additionally, negotiations for the liquidation of the Travessia credit position are still ongoing. Based on the advice of the legal team, the redemption process will officially commence after all treasury assets have been fully recovered, reconciled, and independently verified by a third party. https://www.(wublock123.com)/news/news-63380