Battered crypto firm Hodlnaut's creditors prefer liquidation to restructuring: report

Battered crypto firm Hodlnaut's creditors prefer liquidation to restructuring: report

FILE PHOTO: Representations of cryptocurrencies plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Key creditors of Singapore crypto lender Hodlnaut said they prefer liquidation of the firm instead of the proposed restructuring plan, according to a Bloomberg report, citing a court filing by the firm’s court-appointed interim judicial managers.  

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