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Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud
The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...
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Troubled Crypto Lender Hodlnaut Fires 80 Percent of Its Employees to Cut Expenses
Troubled crypto lender Hodlnaut has laid off 80 percent of its employees and filed for judicial intervention in Singapore in a bid to decrease costs and stay afloat. Hodlnaut, which offers cryptocurrency investment options in approved institutions with interest, has also disclosed liquidity issues.
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Crypto Lender Hodlnaut Lays Off Staff, Reveals Police Probe
Troubled crypto lender and borrower Hodlnaut on Friday laid off about 40 employees since pausing crypto withdrawals and disclosed an investigation by the Singapore police.
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Crypto Lender Hodlnaut Files Application for Creditor Protection in Singapore
Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court, days after the company froze withdrawals, to be put under judicial management which is a form of protection from creditors.
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Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud
The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...
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Troubled Crypto Lender Hodlnaut Fires 80 Percent of Its Employees to Cut Expenses
Troubled crypto lender Hodlnaut has laid off 80 percent of its employees and filed for judicial intervention in Singapore in a bid to decrease costs and stay afloat. Hodlnaut, which offers cryptocurrency investment options in approved institutions with interest, has also disclosed liquidity issues.
-
Crypto Lender Hodlnaut Lays Off Staff, Reveals Police Probe
Troubled crypto lender and borrower Hodlnaut on Friday laid off about 40 employees since pausing crypto withdrawals and disclosed an investigation by the Singapore police.
-
Crypto Lender Hodlnaut Files Application for Creditor Protection in Singapore
Cryptocurrency lending platform Hodlnaut has filed an application with the Singapore High Court, days after the company froze withdrawals, to be put under judicial management which is a form of protection from creditors.
