Iron Bank freezes Alpha Homora lending accounts over bad debt dispute

Crypto EcosystemsMarch 2, 2023, 11:57AM EST
Iron Bank freezes Alpha Homora lending accounts over bad debt dispute
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Quick Take

  • Alpha Homora says Iron Bank acted unilaterally in pausing its account.
  • Iron Bank has accused Alpha Homora of reneging on an agreement to top off collateral for bad debt.
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Alpha Homora said it had been working with Iron Bank to repay the debt.
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