Crypto lender Hodlnaut appears to be like to possess stumbled on a white knight investor to exit its bankruptcy complaints. According to a Bloomberg train, OPNX exchange has made an provide to steal over 75% of the firm.
The deal would peek a capital injection of merely about $30 million rate of FLEX tokens into Hodlnaut to in part hide creditors’ payout and excellent claims. In step with CoinMarketCap, FLEX is trading at $7.16 as of this writing. Hodlnaut’s restructuring is being overseen by a Singapore court docket.
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