News/Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze

Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze

Nov 10,2022,20:10

Singapore-based crypto lender Hodlnaut consolidated over 95% of its assets on centralized exchanges before withdrawals were frozen, with $18.1 million being held on FTX including bitcoin (BTC), ether (ETH) and stablecoins.

Previously, Hodlnaut froze withdrawals in August after losing $189.7 million in the collapse of the Terra ecosystem.

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