Moatable Inc ADR (MTBLY)

[downthehatch]

Judge Borrok today signed the proposed order of attachment against OPI and Chen, in the amount of $560 million.

His order made findings that the defendants had attemepted to frustrate a judgment and/or commit fraud, that they had no counterclaims, and that plaintiffs were likely to prevail on the merits of the case.

Big ruling.

$560 million attachment is a lot of money that is basically FROZEN, and cannot be used by OPI/Chen until the case is over.

TIME TO SETTLE!!!