Singapore-based Hodlnaut was certainly one of a number of crypto firms that succumbed to the pressures of the downturn. It utilized to be put underneath judicial administration on Aug. 13, 5 days after it froze withdrawals. Judicial administration is a type of debt restructuring that sees an entity handle the enterprise, property and property of a distressed firm. Through the course of the corporate is protected against authorized proceedings from third events.
