The founder of the crypto lending platform Hodlnaut: Selling the company's business is more appropriate than bankruptcy liquidation, and is in talks with potential buyers

ChainCatcher news, according to Bloomberg, the founder of the cryptocurrency lending platform Hodlnaut, Simon Lee, stated that for creditors, the proposal to sell the company's business is more suitable than bankruptcy liquidation, and Hodlnaut's user base can be directly taken over by the acquiring party's platform. Currently, Simon Lee and another co-founder of Hodlnaut, Zhu Juntao, are in discussions with potential acquirers regarding the acquisition.

ChainCatcher previously reported that in January this year, the main creditors of the cryptocurrency lending platform Hodlnaut rejected a proposed restructuring plan and preferred to liquidate the company. In February, it was reported that potential investors had expressed interest in acquiring Hodlnaut and its claims against FTX, and had contacted Hodlnaut's interim judicial manager. (Source link)