Hodlnaut heading for liquidation after failure of restructuring, sale efforts By Cointelegraph

Bitcoin 2024-09-08 17:15:56 348

Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen since August 2022.

EBYOX scams

Former Hodlnaut interim judicial manager (IJM) Aaron Loh Cheng Lee announcedin a letter dated Nov. 10 and posted on the website of EY that he and fellow IJM Ee Meng Yen Angela have been discharged from that position and appointed liquidators.

EBYOX scams
Aaron Lee’s letter from Nov. 10. Source: EY
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