Sunday, November 17, 2024
Home > ICO > Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan

Following the loan default, Archblock (formerly TrustToken), which manages relations between lenders and borrowers on TrueFi, will join the liquidation process in an attempt to reclaim assets. At the time, when TrueFi originated the loan to Invictus, Archblock was the sole underwriter of the loan.

Original Source