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.
Alpha Homora said it had been working with Iron Bank to repay the debt.
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Editor

To contact the editors of this story: Nathan Crooks at [email protected], Michael McSweeney at [email protected]

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