Hodlnaut's creditors reject the restructuring plan and wish to liquidate Hodlnaut

ChainCatcher news, according to Bloomberg, creditors of the crypto lending platform Hodlnaut have rejected the restructuring plan proposed by Hodlnaut, which would allow the directors who have been steering the company during its collapse to continue managing it. The court-appointed interim judicial manager stated that liquidation and closure of the company are in the best interests of the creditors. One of the creditors, the Algorand Foundation, indicated in documents that action should be taken as soon as possible to maximize the remaining distributable assets of the company. (source link)