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Singapore high court orders liquidation of crypto lender Hodlnaut amid financial crises

Singapore high court orders liquidation of crypto lender Hodlnaut amid financial crises
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Hodlnaut heading for liquidation after failure of restructuring, sale efforts

The High Court of Singapore has decided to liquidate cryptocurrency lender Hodlnaut, over a year after it froze deposits and withdrawals.

Kyle daviesAaron leeSu zhuAaron loh cheng leeAlgorand foundationHigh courtMonetary authority of singapore onMeng yen angelaWinding up orderMonetary authoritySamtrade custodianThree arrows capital

Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing

A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7.

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Algorand Foundation Among Creditors That Oppose Restructuring of Trouble Crypto Exchange Hodlnaut

The Algorand Foundation declared $35 million in exposure to the lender in September.

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Majority of creditors want Hodlnaut liquidated

According to letter from judicial managers, creditors of troubled Singapore cryptocurrency lender Hodlnaut have overwhelmingly favored liquidating the company.

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