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Last updated: June 15, 2025, 13:13  |  Written by: Vitalik Buterin

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Embattled Crypto Lender Hodlnaut Faces

Embattled crypto lender Hodlnaut faces a nearly $200 million financial shortfall, according to a court affidavit obtained by The Block.

Failed Crypto Lender Hodlnaut Ordered Into Liquidation

Crypto: Hodlnaut notes ~$200M Financial Shortfall - Watcher Guru

Singapore

Singapore-based crypto firm Hodlnaut earlier this month halted withdrawal and filed for creditors’ protection to buy out more time to sort out its liquidity issue.

Hodlnaut in a $193 Million Hole - CoinMarketCap

Embattled crypto lender Hodlnaut reported a nearly $200 million financial shortfall in a court affidavit filed earlier this month and obtained by The Block. The affidavit supporting Hodlnaut’s

Singapore

Singapore-based crypto lender Hodlnaut has revealed a financial shortfall of $200 million as it The post Hodlnaut reports nearly $200 million financial shortfall as it seeks

Hodlnaut Records Nearly $200M Financial Shortfall, Court Affidavit

Crypto lender Hodlnaut seeks court protection after

Initial Reports From

Hodlnaut reports $193 million financial shortfall as it seeks court

Hodlnaut reports nearly $200 million financial shortfall as it seeks

Initial reports from 2025 claimed that the Singapore-based crypto lender had lost almost $200 million following the UST crash to essentially zero. Court documents revealed

The Filing Shed Light On

The filing shed light on the fact that Hodlnaut had $317 million invested in TerraUSD [UST] as well as Anchor Protocol on Terra. Following the dramatic downfall of the

Vitalik Buterin can be reached at [email protected].

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