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Posted on Apr 25, 2023Read on Mirror.xyz

Hodlnaut judicial manager: Holdnaut's largest creditors want the company to be liquidated, not restructured

Several of Holdnaut's biggest creditors say they want the company to be liquidated rather than restructured, according to a court document released by the judicial manager of bankrupt crypto lending platform Hodlnaut. Creditors opposing the restructuring include the Algorand Foundation and Samtrade Custodian Limited, which is currently in liquidation, and whose claims are worth approximately $170 million.