News with the tag "Hodlnaut"

In a dramatic culmination to a turbulent period for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the daunting goal of reimbursing its 17,000 customers. The judicial decree follows Hodlnaut’s entanglement with the fallout of Terra’s decline and the compa...

Singapore-based crypto lending platform Hodlnaut has unveiled its plans to go into liquidating of its assets as bankruptcy winds down The post Defunct to Hodlnaut Exit Bankruptcy With Liquidation appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Source: Hodlnaut The Singapore High Court has ordered cryptocurrency lending platform Hodlnaut to undergo liquidation, as stated in a court document dated November 10. The court has appointed Aaron Loh Cheng Lee and Ee Meng Yen Angela, both from corporate advisory firm EY, as the joint liquidators f...

Singapore’s High Court has ordered the liquidation of crypto lender Hodlnaut, marking a significant turn in the company’s ongoing financial struggles. This decision, taken in response to an application by Hodlnaut’s interim judicial managers (IJMs), ends the judicial management phase and signals a n...

After a failed attempt to restructure, Hodlnaut, a Singapore-based defunct crypto lender will be liquidated by its appointed judiciary managers Aaron Loh Cheng Lee and Ee Meng Yen Angela. Hodlnaut eyes winding up liquidation According to an email published by renowned auditing firm EY, the liquidato...

Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.

Hodlnaut’s interim judicial managers call FLEX token “illiquid” as its price crashed 90% since August 2023. Crypto bankruptcy claims exchange OPNX is unlikely to become the new owner of the embattled crypto lending firm Hodlnaut as its interim judicial managers…

Hodlnaut's trial intensifies as interim managers reject a $30 million takeover offer from OPNX citing various factors.

According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows Capital (3AC), offered to buy a significant 75% ownershi...

According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital and its founders. OPNX Takeover Faces Resistance from Hodlnaut’s Judicial Managem...