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Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies.
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]
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.
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 ...
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 ...
On August 14, 2023, Prime Trust and FundAmerica's parent company, Prime Core Technologies, filed for Chapter 11 bankruptcy protection. It is currently in talks to sell all of its assets, including FundAmerica. Prime Trust will also request to continue to pay wages and provide benefits to ongoing employees as usual.
On stardate 48975.1, the crew of Voyager follows an ancient SOS to a Class L planet whose atmospheric interference requires landing the ship to investigate. On the surface, Captain Janeway (Kate Mulgrew) leads an away team to discover the source of the transmission: a Lockheed Model 10 Electra [6] with an alien generator added to sustain the SOS.
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.