Crypto trading firm Auros Global, a victim of crypto exchange FTX’s bankruptcy, has reached a resolution to restructure its distressed debt on blockchain-based lending protocol Maple Finance, its primary creditor M11 Credit said.

Auros had some $18 million in unpaid loans as of Dec. 20, accrued from two M11 Credit-managed lending pools on Maple. The firm had missed loan repayments since late November, citing liquidity problems due to frozen funds on FTX. Auros entered into provisional liquidation in December, granted by a British Virgin Islands court.

M11 said Auros has already repaid 55% of the outstanding debt to the lending pools. Another 40% of the debt was reissued for a maximum of nine months at 8.64% annualized interest in three cycles of 90 days. The rest of the debt was renewed at zero interest with a 90-day maturity.