Hodlnaut granted creditor protection by Singapore Court!

Hodlnaut granted creditor protection by Singapore Court! now hodlnauts can sleep soundly at night!

– Hodlnaut has been placed under interim judicial management by the Singapore High Court.

– Judicial management allows a financially distressed company to be restructured under court supervision.

– The Singapore-based crypto firm has appointed Ee Meng Yen Angela and Aaron Loh Cheng Lee of EY Corporate Advisors as interim judicial managers.

– Hodlnaut has suspended withdrawals, swaps and deposits to focus on stabilizing its liquidity and preserving the company’s assets.

– The company has also laid off about 40 employees and is under investigation by the Singapore police.

YM46DZKRWVJ6JIYRSS4IPU77JQ Hodlnaut granted creditor protection by Singapore Court! now hodlnauts can sleep soundly at night!

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