Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies. “The money that my wife and I were...
Tag: Voyager
Former Voyager executive vies for an alternative restructuring plan
Voyager’s former Chief Innovation Officer Shingo Lavine and his father and business partner Adam Lavine are pushing back on the embattled lender’s restructuring plan and calling for the ba...
Former Voyager Executive Wants Different Restructuring Plan for Embattled Firm
A Former executive of embattled crypto lender Voyager is opposing the current restructuring plan for the company and wants to tow a different line. Shingo Lavine, who was Voyager’s chief innovation of...
More Trouble For Voyager, U.S. FDIC Issues Warning To Banks
The U.S. Federal Deposit Insurance Corp (FDIC) has issued an advisory to banks and FDIC-Insured institutions regarding its policies following claims by troubled crypto lender Voyager, that it is FDIC-...
Fed claimed Voyager to evict “false” claims that deposits are FDIC insured
Voyager claims that the company is FDIC- insured Fed neglected the claim and ordered to remove the “false” claims Voyager Digital, a crypto lender has been ordered to evict “wrong and ambiguous” state...
US Fed, FDIC accuse Voyager Digital of ‘false and misleading’ insurance claims
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) issued a joint cease-and-desist letter to crypto firm Voyager Digital over past claims regarding depository insurance. The t...
Fed, FDIC Order Voyager to Stop ‘False and Misleading’ Insurance Claims
U.S. banking regulators from the Federal Reserve and Federal Deposit Insurance Corporation issued a cease and desist order to embattled crypto firm Voyager Digital on Thursday. The agencies accuse Voy...
Voyager Ordered by Fed to Stop Misleading Customers About FDIC Protection
The insolvent crypto brokerage firm Voyager has been contacted by both the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). Both bodies have demanded that the company correct all misl...
Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
Crypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured. In a joint letter written on Thursday by Seth Rosebrock a...
US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. Federal Reserve (FED) and Federal Deposit Insurance Corp (FDIC) have ordered Voyager Digital to desist from making false and misleading claims about its insurance status to customers. In a jo...
Embattled Crypto Brokerage Voyager Accused of False Insurance Claims by US Fed and FDIC
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, ...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter ...
US Regulators Order Voyager to Remove Misleading Statements
The Federal Reserve and the Federal Deposit Insurance Corp have sent a letter to crypto-broker Voyager Digital, asking it to remove false and misleading statements regarding FDIC insurance and coverag...
Voyager ordered by Fed to remove false FDIC insurance claims
Voyager Digital is a crypto lender that most investors will never forget. US banking authorities have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” claims....
FDIC Slaps Bankrupt Lender Voyager Over Deposit Insurance Claims
The US financial insurance watchdog has issued a cease and desist letter to Voyager Digital Voyager, a cryptocurrency lender, filed for Chapter 11 bankruptcy earlier this month It’s been 20 days since...
Post Voyager Partners with Ozys, Announces Plans for Multi-chain Expansion
Singapore, Singapore, 29th July, 2022, Chainwire POST VOYAGER, a blockchain arm of a Japanese mobile game powerhouse Cocone and a developer of the MOOI Network, announced on Friday that it has entered...
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
“Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who ...
Bankrupt Voyager Digital Calls FTX’s Bailout a ‘Low-Ball Bid’
Sam Bankman-Fried’s FTX may have been hailed as the savior of the crypto winter, but in the latest twist in its acquisition streak, the company has been accused of low-balling one of its rescue offers...
FTX CEO Sam Bankman-Fried Says He Wants To Give Voyager Customers 100% of the Lender’s Remaining Assets
FTX CEO Sam Bankman-Fried is responding to claims that his company’s proposal to bail out customers of embattled crypto brokerage firm Voyager Digital is predatory in nature. Voyager Digital filed for...
Voyager rejects Bankman-Fried’s “low-ball bid” to let customers access funds
Chapter 11 is a phrase which has entered the vernacular of most cryptocurrency investors this year. In short, it is the legal filing for bankruptcy, which has befallen a slew of crypto-related funds a...
Embattled Crypto Firm Voyager Dismisses FTX’s Early Cash-Out Proposal, Says Offer ‘Highly Misleading’ at Best
Embattled crypto exchange platform Voyager Digital is rejecting FTX’s early buyout offer, according to new court documents. Voyager filed for bankruptcy earlier this month, citing a massive $650 milli...
Voyager Digital Chapter 11: Analyzing FTX’s Proposal
July 25, 2022, 1:06PM EDT • 3 min read Quick Take FTX Trading, West Realm Shires and Alameda partnering together to purchase Voyager’s digital assets and digital asset loans Offer excludes all loans i...
Voyager Rejects FTX Proposal to Offer Early Liquidity to Its Customers
Beleaguered crypto brokerage firm Voyager Digital has rejected a joint offer proposed by crypto exchange FTX to provide its customers with early liquidity, calling it “a low-ball bid dressed up as a w...
FTX’s Sam Bankman-Fried Justifies Firm’s Offer to Voyager Digital
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bailout Voyager Digita...
Voyager Digital: FTX’s Offer Is A “Low Ball Bid,” Argues It Disrupts Bankruptcy Process
In response to FTX’s proposal to provide early liquidity to Voyager customers, the attorneys for insolvent cryptocurrency lender Voyager Digital called the proposal a “low-ball bid dressed up as a whi...
Voyager filing says FTX, Alameda proposal has ‘misleading or outright false claims’
In legal documents filed Sunday, Voyager representatives described a proposal by crypto exchange FTX and sister firm Alameda to offer liquidity to Voyager’s beleaguered customers as “misle...
FTX Announce To Buy Voyager Assets and Provide Liquidity to Customers
Recently, ftx trading ftx trading Centralised Exchange Followers : 0 View profile , while partnering with west realm shires west realm shires PR & Marketing Followers : 0 View profile and alameda ...
Voyager Digital Turns Down Offer from Alameda, Says It ‘Harms Customers’
Having admitted that they are in a bad time, a representative from Alameda has assured that their proposed plan to reorganize the firm is the right call. Earlier this month, Voyager Digital Holdings f...
Voyager Rejects FTX and Alameda Offer for Being Below Proper Valuation
Embattled crypto lender Voyager Digital has rejected a joint offer from FTX and Alameda Research despite being cash-strapped and in the throes of bankruptcy proceedings. Last week, FTX and Alameda cau...
FTX proposes bailout plan for Voyager Digital customers
In the wake of Voyager Digital’s declared bankruptcy, FTX is proposing a comeback plan for customers who were burned by the bankruptcy. It is yet another attempt by the exchange to rush to the aid of ...