Singapore Crypto Firm Hodlnaut’s Creditors Seek its Liquidation
- Creditors reject restructuring plan for ailing crypto lender
- Hodlnaut hit buffers after crash of Terra ecosystem last year
This article is for subscribers only.
Key creditors of embattled crypto lender Hodlnaut Pte rejected a proposed restructuring plan and prefer to liquidate the company.
They said their interests are best served by winding the firm up, according to a Jan. 11 filing by Hodlnaut’s court-appointed interim judicial managers seen by Bloomberg News.