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The battered crypto lender has been granted a much-needed breathing space as it focuses on a recovery plan. 

Hodlnauts latest application is also expected to offer the company a much-needed breathing space to focus on its recovery plan. 

After pausing customer withdrawals last week, Singapore-based cryptocurrency lender Hodlnaut has filed for creditor protection allowing it more time to recover from its financial woes. The crypto lender is seeking judicial management to offer it...

Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan.

FIL holders who purchased the altcoin within the last six weeks have likely been disappointed by its performance. However, 30 July brought good tidings and redemption from their disappointment, considering the cryptocurrency’s strong performance....