Your browser is: Chrome 84.0.4147.105. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.✕
Beleaguered cryptocurrency lender Hodlnaut said there are “pending proceedings” between the company and Singapore police and that it has slashed its workforce.
The proceedings also involve the city-state’s attorney-general and it’s unable to disclose any further information on the matter, Hodlnaut said in a statement Friday. The firm has laid off some 40 people, or about 80% of employees, according to the statement.