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via The Block · By The Block Editorial

Singapore charges ex-Hodlnaut CEO over allegedly misleading claims tied to Terra collapse, faces up to 20 years in prison

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TB
The Block Editorial
(10:18 AM UTC)
1 min read
EW
Approved byEmily Watson
860 views
0 comments

Zhu Juntao, the former CEO of Hodlnaut, a now-defunct crypto lending platform, has been charged with fraud in Singapore over allegedly misleading claims about the company's exposure to the collapse of TerraUSD (UST).

According to a police statement released Tuesday, Zhu was charged in court with six offenses for allegedly distributing "misleading statements" through the company's official…

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The Block Editorial · The Block

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