Tags : Hodlnaut


Regulation

Singapore Police Probe Hodlnaut for ‘Doable Dishonest and Fraud’

Singapore’s white-collar crime investigation unit, the Industrial Affairs Division (CAD), on Wednesday, launched a probe into troubled crypto lender Hodlnaut for “attainable dishonest and fraud,” based on an official statement.  Between August and November, the police acquired “a number of reviews” that Hodlnaut and its administrators had made “false representations” in regards to the lender’s […]Read More

Litecoin

Crypto Lender Hodlnaut Misplaced Nearly $190 Million in Terra Crash:

A judicial report has reportedly revealed that crypto lender Hodlnaut misplaced round $189.7m on account of its publicity to the Terra crash. In line with Bloomberg, the report, penned by interim judicial managers appointed by the Singapore Excessive Courtroom, alleged that Hodlnaut’s administrators “downplayed the extent of the group’s publicity to Terra/Luna each throughout the […]Read More

Cryptocurrency

Crypto Lender Hodlnaut Granted Judicial Administration to Arrange Restructure

Singapore-based crypto lender Hodlnaut has been granted judicial administration by the Singapore Excessive Courts at the moment.  Interim managers Angela Ee and Aaron Loh of EY Company Advisors Pte. have been appointed as Hodlnaut’s interim managers, according to the official assertion. Hodlnaut stated in its official Telegram channel that it isn’t offering any extra particulars […]Read More

Cryptocurrency

Crypto Lender Hodlnaut Publicizes Police Inquiry, 80% Workers Minimize

Hodlnaut, a Singapore-based crypto lender, updated the neighborhood on its judicial administration submitting in addition to introduced two troubling updates.  First, the platform introduced slicing 80% of its workers, roughly 40 folks, “to cut back the corporate’s expenditure.”  Right this moment’s assertion indicated that the remaining workers have been “crucial” for present operations. Second, and […]Read More

Bitcoin

Hodlnaut Joins Lengthy Checklist of Crypto Companies Freezing Withdrawals

Singaporean crypto lender Hodlnaut is the most recent digital asset firm to announce that it’s freezing withdrawals “on account of current market circumstances.” In an announcement on Holdnaut’s web site, the agency says it took the measure “to give attention to stabilizing our liquidity and preserving property” whereas consulting with native legislation agency Damodara Ong […]Read More