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Customers of insolvent crypto lender Voyager Digital reaped a minor win in court Thursday morning with a U.S. Bankruptcy Judge approving Voyager’s motion to give customers back $270 million in ...
A major investor in Voyager said that the collapse of FTX puts into jeopardy the company's bailout, with $1.3 billion of investor assets threatened. [10] Following the bankruptcy of FTX, the US subsidiary of Binance won the bid to buy the assets of Voyager for approximately $1 billion in December 2022. [11]
Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies.
This month, Voyager froze withdrawals, as did another lender, Singapore's Vauld.Last week, Voyager said it had issued a notice of default to crypto hedge fund Three Arrows Capital for failing to ...
Voyager made a similar argument, telling a bankruptcy judge that it considered its customers’ crypto as pooled assets that it could use on the customer’s behalf, and that those assets should ...
Pages in category "Companies that filed for Chapter 11 bankruptcy in 2021" The following 54 pages are in this category, out of 54 total. This list may not reflect recent changes .
On July 13, 2015, DonJon filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Connecticut with a debt of $32,509,549.91. Modern bankruptcy law often distinguishes reorganization , in which only some of the bankrupt's assets are taken, a repayment plan is devised and part of the debt is discharged , from ...
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