Hodlnaut now placed under creditor protection after freezing withdrawals By Cointelegraph
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Hodlnaut now placed under creditor protection after freezing withdrawals Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Monday.
The court orders came three weeks after Hodlnaut froze all trading activities and withdrawals on its platform citing a liquidity crisis. In an official blog post on Aug. 30, the crypto lending platform notified its users that Ee Meng Yen Angela and Aaron Loh Cheng Lee, care of EY Corporate Advisors, were appointed as interim judicial managers. The blog post read:
Continue Reading on Coin Telegraph
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Hodlnaut now placed under creditor protection after freezing withdrawals Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Monday.
The court orders came three weeks after Hodlnaut froze all trading activities and withdrawals on its platform citing a liquidity crisis. In an official blog post on Aug. 30, the crypto lending platform notified its users that Ee Meng Yen Angela and Aaron Loh Cheng Lee, care of EY Corporate Advisors, were appointed as interim judicial managers. The blog post read:
Continue Reading on Coin Telegraph
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