Collectors of Singapore-based cryptocurrency lender Hodlnaut have as soon as once more expressed their want to liquidate the corporate, which has been working since 2022. of August was below judicial management. There isn’t any white knight investor on the horizon, defined Interim Chief Justice (IJM) Aaron Loh Cheng Lee. round updating the case.
April 25 IJM Round mentioned customers representing roughly 55.38% of collectors and having 228.3 million Singapore {dollars} (about $170.5 million) in claims, indicated that it will favor liquidation quite than restructuring. No new supply of capital has been discovered, the letter says, regardless of the founders’ efforts to search out new buyers:
Proceed studying Coin Telegraph.
