Tag: Kairos Corporate Advisory

Next In Line: Singapore Crypto Lender Hodlnaut Filed For Creditor Protection!

Bankruptcies Charlene Lensburg - August 17, 2022

Last week, distressed crypto lending platform Hodlnaut suspended deposits and withdrawals. The Singapore-based start-up blamed “current market conditions.” In a blog post on 16 Aug 2022, Hodlnaut Pte Ltd announced that it applied with the Singapore High Court to be placed under judicial management to provide them the best chance of recovery. Hodlnaut wants to avoid a forced liquidation of their crypto assets at these current depressed asset prices.

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