August 28, 2022, 2:04PM EDT • 2 min read Quick Take Voyager Digital bankruptcy court judge rules in favor of $1.6mm compensation package to 34 employees Revised figures from initial filing for ~$1.9m...
Tag: Voyager
Voyager To Pay up to $1.9 million to Retain Employees
While Voyager Capital is going down, its employees will mint some money. A federal judge has just approved Voyager to pay up to $1.9 million to retain its employees. Who are these employees? You won’t...
FTX and Binance Next in Line to Buy Voyager Assets after Coinbase Says no
Crypto lender Voyager’s overly bullishness about crypto despite facing open decline led to its bankruptcy. From its failure to recover the funds that Three Arrows Capital Owned him to the general mark...
Voyager extends deadline for bids to September 6
Voyager is extending the timeline for its bidding and restructuring processes, the firm said in a blog post this week. Originally, bids were to be submitted by today with a sale hearing slated for Sep...
Voyager pushes deadline for the bidding process to September 6
Voyager is among the crypto firms affected by the ongoing recession across the cryptocurrency market. The company has now announced that it has pushed its bidding and restructuring deadline until Sept...
Voyager Digital Receives Bankruptcy Court Approval to Pay Employees $1.6 Million Retention Bonus – crypto.news
Insolvent crypto lender Voyager Digital has received permission to pay bonuses amounting to $1.6 million to employees it deems critical to its operations. 34 Members of Staff to Receive Bonus Payments...
Did Voyager Digital [VGX] say ‘hasta la vista’ to bears
Data from CoinMarketCap revealed that VGX, the native token of the failed crypto brokerage firm Voyager Digital, rallied by 40% during the intraday trading session on 25 August. This was due to the ne...
U.S Court Allows Voyager Digital to Offer Retention Incentives
58 seconds ago | 2 mins read Exchange News In all, the KERP benefits amount to 22.5% of the salary of those who qualify for them. The request for the KERP payments was accepted by Judge Michael Wiles....
Voyager approved to pay up to $1.9 million in bonuses to retain employees
A federal judge has signed court orders allowing crypto lender Voyager to pay up to $1.9 million to specific employees for remaining with the firm and sealing their identities as well. The so-called &...
US court gives Voyager green light to pay bonuses to key employees
A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States B...
Voyager Digital gets approval to pay $1.6M bonus to 38 employees
Voyager Digital has received the approval to commit $1.6 million as bonuses for employees who are crucial to its restructuring process. A U.S. Bankruptcy Court approved the request on Aug 24, after V...
Troubled Crypto Firm Voyager to Grant $1.6M in Bonuses to Key Employees (Report)
One of the most affected companies in the crypto space because of the bear market – Voyager Digital – will reportedly pay $1.6 million in bonuses to its top 34 staff. The firm explained that those wor...
Voyager Digital Asks Court to Dismiss Investors’ Lawsuit against Stephen Erlich and Mark Cuban
Voyager Digital’s bankruptcy hearings are well underway, and while the firm is open to different workable solutions to get back on its feet, some factors currently stand as a major bottleneck across t...
Crypto Lender Voyager Can Pay Employees ‘Retention’ Bonuses, US Judge Rules
“This program does not involve the senior management team, and data about these individuals would typically not exist in the public domain. We note that no creditor or shareholder or economic st...
Crypto Platform Voyager Requests to Halt Lawsuit Against Its CEO and Mark Cuban
– Advertisement – Voyager wants the court to stop investors’ lawsuits against the duo to protect its claims. Leading digital asset company Voyager has requested that the court overseeing i...
Voyager Asks Court to Dismiss Investors’ Lawsuit Against Billionaire Mark Cuban
The lawyers of Voyager Digital, currently undergoing bankruptcy proceedings, have asked the bankruptcy court to halt a lawsuit filed by investors against the company’s founder and CEO, Stephen Ehrlich...
Voyager Digital’s Creditors and Debtors Different Opinions on Employee Retention
Earlier this month, beleaguered crypto firm Voyager Digital asked the US Bankruptcy court at the New York Southern District for approval on KERP. Within the filed motion, the firm sought the court’s c...
Post Voyager Announces Launch of Jellyme, an NFT Marketplace on the MOOI Network
Advertisement     POST VOYAGER, a blockchain division of Cocone, a leading name in Japanese mobile gaming, and a creator of the MOOI Network, announced the opening of ...
Creditors of Bankrupt Voyager Digital Oppose Company Giving Out Bonuses to Employees
An embattled crypto brokerage firm is under fire for seeking to pay out nearly $2 million as part of an employee retention package. According to a new filing in a New York bankruptcy court, lawyers sp...
Voyager creditors say it should be culling staff not bribing them to stay
Creditors of bankrupt crypto lender Voyager Digital say the company should be looking to slash its workforce rather than pay its employees “retention awards,” according to a motion filed in a New York...
Post Voyager Announces the Launch of Jellyme, MOOI Network’s NFT Marketplace
Singapore, Singapore, 23rd August, 2022, Chainwire POST VOYAGER, a blockchain arm of a Japanese mobile game powerhouse Cocone and a developer of the MOOI Network, announced on Monday the launch of its...
Crypto Critic Peter Schiff Claims Mark Cuban Knew Voyager Was A Scam
A prominent gold proponent and Bitcoin critic thinks Mark Cuban advertised Voyager Digital, knowing it was “a scam;” and that the lawsuit filed against the investor was “just the beginning.” Schiff be...
Voyager Digital’s creditors oppose retention bonus for employees
Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection ag...
Creditors of Voyager Digital File Petition Over Retention Proposal
6 hours ago | 2 mins read Defi News Voyager Digital filed an application with the United States Bankruptcy Court. The creditors of the exchange, however, did not agree with the plan. The Unsecured Cre...
Voyager creditors oppose $1.9M employee retention proposal
Voyager Digital Holdings’ committee of unsecured creditors has filed a motion to object to the firm’s proposal to keep its employees by paying them monetary awards for staying in the company. O...
Voyager Creditors Object to Bankrupt Firm’s Plan to Reward Key Staff
The lender took no measures to reduce headcount, the creditor committee said There’s no evidence that “key” employees would resign, they added Creditors of bankrupt Voyager don’t want the lender to pa...
the week in crypto policy
Just as the week was wrapping up, news of a cease-and-desist letter from the Federal Deposit Insurance Corporation (FDIC) addressed to FTX and other crypto firms came out. Here’s a look at some ...
Voyager creditors rejects bonus plan for 38 employees
Voyager Digital creditors have opposed its move to pay employees “retention awards,” according to an August 19 court filing. Bonuses worth $1.9M Voyager had asked the bankruptcy court to approve a $1....
Voyager Customers Say No to ‘Retention’ Bonuses for Employees of Bankrupt Crypto Lender
Crypto lender Voyager Digital’s creditors do not believe the company needs to pay employees “retention awards,” according to a new legal filing shared late Friday. Voyager, which is ...
Voyager Clients Against Employee Bonuses
A new document released on Friday, August 19, revealed the creditors of Voyager Digital, a cryptocurrency lender are not in favor of businesses providing their staff “retention rewards.”&n...
Toronto Firm Exchange has banned Voyager Digital -know why
The Toronto Firm Exchange has temporarily banned trading in the shares of cryptocurrency broker Voyager Digital while it conducts an accelerated examination to determine if the stock still satisfies t...
Mark Cuban Sued for Promoting Voyager Crypto…
Billionaire entrepreneur Mark Cuban is facing a class action lawsuit for his role in promoting Voyager Digital’s cryptocurrency products. The suit alleges that Cuban misrepresented the crypto offering...