On Tuesday night, crypto broker Voyager Digital filed for Chapter 11 bankruptcy in New York. Early Wednesday morning, the firm released a statement downplaying the bankruptcy, calling it a “volu...
Tag: Bankruptcy
Voyager Digital Seeks Bankruptcy Protection as ETH and BTC Struggle to Remain Afloat – crypto.news
Due to the recent market volatility and the sudden collapse of Three Arrows Capital, a prominent crypto broker, Voyager Digital, filed for bankruptcy protection on Monday. The company, based in the U....
Carnage Grinds on as Voyager Digital is Next in Filing for Bankruptcy
Financially troubled lending platforms have fallen like a row of dominos. Toronto-based crypto broker Voyager Digital said Tuesday night that it filed for Chapter 11 bankruptcy under U.S. law in the S...
Here’s What Happens If Celsius Prepares For Bankruptcy
Beleaguered crypto lender Celsius is at high risk of being insolvent and may file for bankruptcy. Meanwhile, the company and its affiliates are trying everything including debt repayments, restructuri...
FDIC insurance doesn’t protect Voyager against bankruptcy, says MCB
Barely two weeks after the operating subsidiary of Voyager issued a notice of default to cryptocurrency hedge fund Three Arrows Capital (3AC), the firm itself has now turned in the towel to bankruptcy...
Voyager Stock Plummets Nearly 12% as Crypto Firm Files for Bankruptcy
Voyager Digital has become the second high-profile crypto firm to file for bankruptcy in recent days, joining the Singapore-based Three Arrows Capital (3AC) in doing so. The New York-based firm and it...
Voyager platform declares bankruptcy – The Cryptonomist
Voyager Digital Holdings filed for bankruptcy yesterday. In fact, it officially filed for what is known as Chapter 11, which is the provision in US bankruptcy law that allows companies a debt restruct...
Voyager Files for Chapter 11 Bankruptcy After Big Debt Default From Crypto Hedge Fund Three Arrows Capital
Embattled crypto brokerage Voyager Digital is filing for chapter 11 bankruptcy after a prominent borrower defaulted on a sizable loan. In a new press release, Voyager says the firm has commenced a res...
Crypto Broker Voyager Files For Chapter 11 Bankruptcy Protection
Crypto brokerage firm Voyager Digital announced today it has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York. The announ...
Voyager Digital Files For Bankruptcy
Crypto lending platform Voyager Digital filed for bankruptcy late Tuesday under Chapter 11 of the United States Bankruptcy Code. Filing For Reorganization Crypto companies continue to struggle with s...
Voyager bankruptcy – what account holders need to know
Voyager Digital Ltd., filed for Chapter 11 bankruptcy on Tuesday, effectively bringing to the fore one question – what next for its account holders? Not to go into the details of it, here is the simpl...
Shock Bankruptcy Shows The Dark Side Of Tech SPACs
Tthe store’s going out of business sale. (Photo by Robert Alexander/Getty Images) Getty Images The stock market remains in a funk, yet the cause is not what most investors believe. A valuation b...
Voyager Digital Says Filing for Chapter 11 Bankruptcy Is Part of Reorganization Plans
Many crypto-related firms have recently had their very existence rattled to their cores as a result of the wider market crash, and one of such is Voyager Digital. Less than a week after pausing withdr...
Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default – Featured Bitcoin News
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three ...
Voyager Digital Files Chapter 11 Bankruptcy in New York
Cryptocurrency broker Voyager Digital Ltd. said that it has filed for Chapter 11 bankruptcy in New York. The bankruptcy was filed days after the company suspended withdrawals and trading on its platfo...
Voyager Crypto files for Bankruptcy
As the crypto market sinks, many crypto companies take a heavy hit from the falling crypto prices. The biggest issue that they mostly face is a significant decrease in their cash flow, making them una...
Voyager Digital caves and files for Chapter 11 bankruptcy
Crypto platform Voyager Digital filed for Chapter 11 bankruptcy on July 5 in the Southern District of New York. The company made the move four days after another significant industry player, Three Arr...
Voyager stock price: Voyager files for Bankruptcy in the US
Voyager Digital Ltd (VOYG: TSE) (VYGVF: OTCQX) has today announced that it has started a voluntary Chapter 11 process saying that it is doing so to maximize value for its stakeholders. After the annou...
Voyager Digital files for Chapter 11 bankruptcy in New York
“When it rains, it pours” is an adage that has been true in the crypto world. For a few months now, the cryptocurrency sector has had a bad run of luck. Voyager Digital Ltd., a broker, filed for Chapt...
Crypto firm Voyager Digital files for Chapter 11 bankruptcy protection
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty ...
Is Celsius (CEL) Next To File Bankruptcy After Voyager, Three Arrows
Crypto lender Celsius has paid off another $40.8 million towards its outstanding loan of Maker. The wBTC liquidation price has now dropped to $2,722.11. The beleaguered crypto lender has paid almost $...
Voyager Digital Has Filed For Bankruptcy In New York
– Advertisement – Crypto broker firm Voyager Digital is about to sink with billions of dollars of investor funds. A few days ago, Voyager Digital, a crypto brokerage firm, halted trading...
After Suspending Withdrawals, Voyager Digital Files for Chapter 11 Bankruptcy
The cryptocurrency brokerage firm – Voyager Digital Ltd. – and its two subsidiaries (Voyager Digital LLC and Voyager Digital Holdings) filed for Chapter 11 Bankruptcy with the Southern District of New...
Crypto Broker Voyager Digital Files for Chapter 11 Bankruptcy
The embattled crypto brokerage company Voyager Digital has filed for Chapter 11 bankruptcy following last week’s suspension of deposits and withdrawals. The crypto collateral collapse contagion contin...
Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 b...
Voyager Digital Files for Chapter 11 Bankruptcy
Key Takeaways Voyager Digital has commenced voluntary Chapter 11 bankruptcy proceedings in the Southern District of New York. The company said in a press release that it was proposing a restructuring ...
Voyager Digital files for Chapter 11 bankruptcy protection
Popular cryptocurrency lender Voyager Digital declared bankruptcy late Tuesday, becoming the second high-profile crypto-firm to do so in recent days. Voyager, based in Toronto, filed for Chapter 11 ba...
Voyager Digital Enters Bankruptcy After Three Arrows Meltdown
Crypto lender Voyager Digital Holdings filed for bankruptcy on Wednesday, as its exposure to beleaguered hedge fund Three Arrows Capital devastated its finances. The lender filed for Chapter 11 bankru...
Crypto Lender Voyager Digital Filed For Bankruptcy in the U.S.
The post Crypto Lender Voyager Digital Filed For Bankruptcy in the U.S. appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide As predicted by many analysts and inves...
3AC Files for Bankruptcy, Fundraising Rounds with AltLayer and Soba, Huobi Ventures Invests in Land of Conquest – crypto.news
Three Arrows Capital (3AC), the troubled crypto-focused hedge fund, recently filed for bankruptcy. Huobi Ventures invests in Land of Conquest, while other projects like Soba and AltLayer complete succ...
3AC’s Crypto Is Still on the Move After Liquidation and Bankruptcy Filing
Alex Dovbnya Troubled crypto hedge fund 3AC has moved tens of millions of dollars to Kucoin Embattled cryptocurrency hedge fund Three Arrows Capital has transferred tens of millions of dollars worth o...
Three Arrows Capital, On Brink Of Bankruptcy, Holds Several Blue Chip NFTs
Most capital markets have done little favors this year for speculative investors. The NFT market hasn’t been spared from crypto’s chaos, which has led to the downfall of former top 10 tokens, CeFi pla...