Hodlnaut was one of many firms severely impacted by the collapse of FTX last November, even as the first signs of crack date back to at least as early as May when it lost nearly $190 million in the cr...
Tag: Hodlnaut
Hodlnaut founders propose selling the firm instead of liquidation
The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released th...
Hodlnaut Founders Suggest Selling Over Liquidation
The founders of troubled crypto lender Hodlnaut are desperately trying to save the firm despite its creditors calling for its liquidation. Co-founder Simon Lee has stated selling the business would be...
Hodlnaut Considers Sale Over Liquidation
The founders of the beleaguered crypto lending protocol Hodlnaut are considering selling the business rather than putting it into liquidation. Simon Lee and Zhu Juntao, the co-founders of Singapore-ba...
Hodlnaut founders reveal surprising decision for the company – Cryptopolitan
The founders of cryptocurrency lender Hodlnaut, which has been facing financial difficulties, have proposed selling the business as a better option for creditors than liquidating the firm, according t...
Hodlnaut Hunts for Buyer, Creditors Want Liquidation
Interim judicial managers of distressed Singapore-based crypto lender Hodlnaut have begun fielding inquiries from prospective buyers and its claims against bankrupt exchange FTX. The managers are repo...
Potential Buyers Inquire about Hodlnaut amid Insolvency Crisis
Potential buyers are interested in embattled crypto lender Hodlnaut following creditors’ preference for liquidation instead of restructuring. According to new reports, potential buyers are making inqu...
Hodlnaut Seeks to Sell Business
According to recent reports, the struggling bitcoin lending company Hodlnaut is collaborating with a number of prospective buyers in an effort to sell its business as well as its other assets. Accordi...
Several Buyers Indicate Interest In Hodlnaut: Report
Several potential buyers have signaled interest in troubled crypto lender Hodlnaut, including its claims in FTX’s bankruptcy, according to a report. Various parties have contacted the Singapore-based ...
Potential buyers looking to purchase Hodlnaut and its FTX claims
Potential buyers are interested in purchasing embattled crypto lender Hodlnaut and its claims against defunct crypto exchange FTX, Bloomberg reported on Feb. 6. citing affidavits. The documents note t...
Troubled crypto lender Hodlnaut in talks with potential buyers
Crippled crypto lending platform Hodlnaut is reportedly in plans to liquidate its assets together with its FTX claims. Reports indicate that the firm is allegedly signing disclosure documents with pot...
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
Troubled cryptocurrency lending firm Hodlnaut is reportedly working with several potential investors to sell its business and other assets. A number of potential buyers have inquired about purchasing ...
Troubled Singaporean crypto lender Hodlnaut seeking buyers
The troubled Singaporean cryptocurrency lending firm Hodlnaut is negotiating the sale of its business and other assets with several potential investors. Hodlnaut’s FTX accounts held 514 Bitcoin (BTC),...
Crypto Lender Hodlnaut Faces Liquidation by Creditors
Beleaguered crypto lender Hodlnaut faces liquidation after key lenders rejected a proposed restructuring plan, amid a probe from Singapore authorities. The group of creditors, including the Algorand F...
Hodlnaut Creditors Demand Liquidation Over Restructuring Plan
11 hours ago | 2 mins read Defi News An application to remove the temporary judicial managers was denied at a hearing. In August 2022, Hodlnaut stopped processing withdrawals due to lack of liquidity....
Hodlnaut creditors favor liquidation for company
Creditors involved with the Singaporean crypto lender Hodlnaut have stated that liquidation will serve them better than a restructuring plan. Hodlnaut creditors want liquidation, not restructuring Ac...
Hodlnaut creditors reject the restructuring plan, prefer liquidation
The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed restructuring plan and seek liquidation of the platform’s assets. The...
Hodlnaut Creditors Reject Restructuring Plan, Seek Liquidation
Beleaguered crypto lender Hodlnaut is facing possible liquidation after the firm’s creditors reject the company’s proposed restructuring plan. Creditors are instead seeking liquidation of the lender’s...
Crypto Lender Hodlnaut Under Investigation For Possible Fraud
Singapore-based crypto lender Hodlnaut is reportedly facing an investigation by the Singapore police related to alleged fraud and cheating. The police had received several reports that the crypto lend...
Singapore police allegedly investigate Hodlnaut
It has been claimed that the authorities in Singapore are looking into allegations of cheating and fraud involving the cryptocurrency lender Hodlnaut. There were multiple complaints lodged against the...
Crypto lender Hodlnaut reportedly faces police investigation in Singapore
Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses of cheating and fraud. According to reports published in local media, the police’s commercial affairs d...
News Goes Bad to Worse for Hodlnaut as Police Get Involved
Singapore police have announced that they are investigating crypto lender Hodlnaut and its directors for fraud and deceptive practices. The Commercial Affairs Department of the Singapore Police Force ...
Singapore Launches Probe Into Crypto Lending Platform Hodlnaut
32 mins ago | 2 mins read Defi News With the collapse of the Terra ecosystem earlier this year, Hodlnaut allegedly lost $190M. Singaporean authorities have tightened their control over the country’s c...
Hodlnaut faces Singapore police investigation for alleged fraud
Crypto lending platform Hodlnaut is under police investigation in Singapore for alleged fraud and cheating three months after freezing client withdrawals and filing for protection from creditors. ...
Singapore’s Crypto Lender Hodlnaut Faces Police Investigation
Another crypto lender, now based out of Singapore, is in major trouble. As per the latest development, Singapore Police is now investigating crypto lender Hodlnaut Pte on charges of fraud and cheating...
FTX Potential Fall May Send a Blow to Crypto Lending Firm Hodlnaut
Hodlnaut is similar to crypto lenders Celsius, Three Arrow and Voyager Digital. Hodlnaut, a crypto lender based in Singapore, suffered another setback on its way to recovery when it emerged that it h...
Hodlnaut Had $18M Worth Crypto On FTX
Crypto Live News Hodlnaut, a Singapore based firm which was among many firms that succumbed to bear market in May freezed withdrawals in August after it lost $189.7 million. Now, the firm has been hit...
Hodlnaut Held Up to $13M on FTX Prior to Withdrawal Halt
The collapse of the FTX Derivatives Exchange has stirred a lot of awakening for several digital currency trading platforms and investors. One of the entities that may be significantly impacted by this...
Embattled crypto lender Hodlnaut held $13 million on FTX before withdrawal freeze
Troubled Singapore-based crypto lender Hodlnaut held assets worth $13.1 million (S$18.4 million) as of October 25 on the collapsed cryptocurrency exchange FTX. It is unclear whether Hodlnaut’s manager...
Hodlnaut Lost Nearly $190 Million
According to a judicial report, the company downplayed its exposure to Terra/Luna LUNA Price at the time of writing – $2.42 Hodlnaut was one of the platforms harmed by the crypto crash in 2022 Hodlna...
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut’s Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in Ma...