1 year ago
Potential buyers are funny successful purchasing embattled crypto lender Hodlnaut and its claims against defunct crypto speech FTX, Bloomberg reported connected Feb. 6. citing affidavits.
The documents enactment that antithetic parties are “interested successful acquiring” Singapore-based Hodlnaut and person contacted the interim judicial managers of the firm. Hodlnaut filed for extortion from creditors successful August 2022, soon aft it halted lawsuit withdrawals.
The study noted that the judicial managers are looking to participate into non-disclosure agreements with the imaginable buyers. The affidavit besides showed that Hodlnaut owes creditors a full of $160.3 million.
A November 2022 filing indicated that 72% of the assets Hodlnaut deployed connected centralized exchanges were connected FTX and valued astatine $14 million.
Meanwhile, Hodlnaut creditors turned down a projected restructuring program successful January and said they preferred to liquidate the collapsed steadfast instead.
The station Potential buyers looking to acquisition Hodlnaut and its FTX claims appeared archetypal connected CryptoSlate.
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