Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would “maximize the company’s remaining assets available for distribution,” one of the creditors, Algorand Foundation, wrote in the filing.

Source link

Read Previous

Bulgarian Police Raids Nexo Office in Money Laundering Probe

Read Next

WonderFi in Merger Talks with Coinsquare