#Hodlnaut founders propose selling the firm instead of #liquidation

Major industry lenders, including #Voyager Digital, Celsius Network, Genesis Global and #Hodlnaut have faced similar issues. 

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

Lee pointed out that “the #Hodlnaut user base can be acquired and on-boarded on digital-asset platforms owned or #affiliated to such investors.”

The founders of Singaporean digital asset lender #Hodlnaut have been courting investors in a bid to sell the collapsed company rather than liquidate it as #proposed in January.

#Hodlnaut founders propose selling the firm instead of #liquidation

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

#Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure #agreements with the potential #buyers

The affidavit reportedly indicated that as of Dec. 9, 2022, #Hodlnaut #Group owed a total of $160.3 million — or 62% of outstanding debt — to #companies and entities like Algorand Foundation

#Hodlnaut’s FTX accounts held 514 #Bitcoin tickers down $22,999, 1,395 #Ether tickers down $1,644, 280,348 #USD Coin tickers down $1.00 tokens and 1,001 FTX tickers down $2.02 tokens

After freezing #withdrawals in August, #Hodlnaut obtained creditor protection from a Singapore court, allowing the firm to restructure under court supervision

The #news comes weeks after #Hodlnaut’s creditors rejected the proposed restructuring plan and sought liquidation of the #platform’s assets

#Hodlnaut is one of many companies specializing in crypto lending services, allowing users to deposit #cryptocurrency lent out to borrowers in return for regular interest payments