Cryptoexchange, Hodlnaut, Placed Under Interim Judicial Management: Key Takeaways from Re Hodlnaut Pte Ltd [2022] SGHC 209 (“Re Hodlnaut”)

Introduction & Background

Hodlnaut Pte Ltd (“Hodlnaut”) provides a platform for its users to deposit and withdraw cryptocurrencies. Among other things, users deposit their cryptocurrency on the platform to earn interests. Through the platform, Hodlnaut users can also swap their deposited tokens with other tokens of equivalent value.

Filed under:
Singapore, Insolvency & Restructuring, Litigation, PDLegal LLC, Cryptocurrency, Singapore High Court
Authors:
Gerard Quek , Mato Kotwani , Glenn Chua
Location:
Singapore
Firm:
PDLegal LLC