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A U.S. bankruptcy court in New York approved crypto platform Voyager Digital’s request to return to customers US$270 million held in a custodial account at Metropolitan Commercial Bank (MCB ...
Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies.
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 ...
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. On average, ...
On 27 June 2022, Voyager Digital issued a notice of default against Three Arrows for failing to make the required payments on a Bitcoin and USD Coin loan worth more than $665 million. [32] On the same day, a court in the British Virgin Islands ordered the liquidation of Three Arrows Capital, overseen by Teneo .
Yahoo Finance is watching the bankruptcy of cryptocurrency platform Voyager Digital; the continued fallout from Tesla CEO Elon Musk's 2018 tweet; and a milestone Uber reached.
After Voyager Digital, a cryptocurrency lender, filed for Chapter 11 bankruptcy protection in July 2022, [74] Cuban and the Dallas Mavericks were named in a class-action lawsuit that alleged that Voyager Digital was a Ponzi scheme the following month due to Cuban's promotion of Voyager and Voyager's sponsorship with the team.
Bankrupt crypto lender Voyager’s plans to sell its assets to FTX US for $1.4 billion have so far gone relatively smoothly, but one major catch emerged on Wednesday – Voyager’s executives ...