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On July 5, Voyager Digital filed for Chapter 11 bankruptcy showing it held custody of $1.3 billion in customer crypto assets spread across 3.5 million active users.
A tentative deal between FTX.US and Voyager could result in customers of the beleaguered crypto broker recovering about 72% of their funds.
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] The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance US's proposed $1 billion acquisition of bankrupt cryptocurrency lender Voyager Digital, a bankruptcy ...
Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies.
Crypto lender Voyager Digital filed for Chapter 11 bankruptcy late Tuesday. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
The company's collapse is believed to be partially responsible for the bankruptcy and failure of the crypto lender Voyager Digital and layoffs at Blockchain.com. FTX founder and CEO Sam Bankman-Fried blamed the company for causing a ripple effect that caused the bankruptcy of other crypto firms or led those firms to freeze assets during the ...
Customers of bankrupt crypto firms Celsius and Voyager detailed stories of distress in letters to a bankruptcy court. 'I have been in shock': Court letters reveal financial distress after Celsius ...
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 ...
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