Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

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Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would “maximize the company’s remaining assets available for distribution,” one of the creditors, Algorand Foundation, wrote in the filing. www.coindesk.com

The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would “maximize the company’s remaining assets available for distribution,” one of the creditors, Algorand Foundation, wrote in the filing.

www.coindesk.com