An investigation has also been launched against the company
Recall that on August 8, the Hodlnaut crypto lander announced that it was temporarily suspending the withdrawal of funds due to with loss of liquidity. At the same time, the authorities became interested in the company.
In the explanatory note, the platform explained the reasons for the current crisis and thanked customers for their patience. According to a Hodlnaut representative, the firm was in a difficult position due to the fall in the rate of cryptocurrencies, a lot of requests for withdrawal of funds and the collapse of a number of large counterparties.
In order to optimize costs, the company is forced to reduce staff. Hodlnaut fired 08 person, that is, about 05% of employees. In addition, the lander has reduced to 0 rates on depositary accounts.
The firm also emphasized that management remains in Singapore and is “carefully working to stabilize the situation.” This week, the lander filed for protection from creditors.
The court had previously approved a similar pardon from Zipmex. Such an application assumes that creditors will not be able to forcibly seize their money during the specified period.