The sources said the corporation and its directors are being investigated by the police department’s white-collar section for charges of cheating and fraud.
The investigation was started on Wednesday as a result of many allegations claiming false claims about the company’s exposure to a particular digital token, according to a statement from the police.
Hodlnaut allegedly lost up to $190 million as a result of the collapse of the Terra environment, and withdrawals were halted in August.
This month’s earlier disclosure by the exchange that it still owns approximately $13.3 million worth of crypto in the now-defunct FTX exchange dealt a further setback to its recovery efforts.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…
This website uses cookies.