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...
Tag: Voyager
Voyager users unlikely to recover 100% of funds
Voyager users might not get all of their funds back because the crypto lending company has declared bankruptcy, Bloomberg News reported. According to the filing, Voyager expects its users’ funds to be...
Sam Bankman-Fried’s Alameda Research Owes Bankrupt Voyager $377M
It’s not often a borrower bails out its lender, especially when it’s to the tune of hundreds of millions of dollars. Alameda Research, the firm founded by crypto billionaire Sam Bankman-Fried that las...
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...
Dallas Mavericks Owner And Dogecoin Supporter Mark Cuban Comes Under Fire For Previously Promoting Embattled Voyager
– Advertisement – Mavericks fans call out Cuban as their assets get tied up in the Voyager debacle. Fans of the Dallas Mavericks hurt by the insolvency concerns around crypto lender Vo...
Toronto Stock Exchange Suspends Trading of Voyager Digital
Voyager Digital was suspended from trading on the Toronto Stock Exchange on Wednesday to give Canadian regulators time to review the company’s listing requirements. Trading halted Wednesday morning fo...
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...
Cryptos to Remained Tangled as Voyager Digital May Not Repay Their Customers What They Owe!
In a surprising move, one of the popular crypto lending platforms with more than 3.5 million registered users filled for bankruptcy earlier today. According to the court filing, the holders are expect...
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 CEO Hopes For A Stronger Comeback! Here’s The Revival Plan
Stephen Ehrlich, the CEO of cryptocurrency lender Voyager Digital, announced today, July 6th, that the business has started a “voluntary monetary reorganization” procedure in order to safeguard invest...
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...
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...
Toronto Stock Exchange suspends Voyager Digital shares
After announcing that it has filed for Chapter 11 Bankruptcy Protection as a result of the recent crypto market crash, cryptocurrency brokerage firm Voyager Digital (TSE: VOYG), which is listed on the...
Crypto Lender Voyager Digital Goes Bankrupt After Three Arrows Collapse
Crypto lender Voyager Digital is the latest domino to fall in the tumultuous market for digital assets. Voyager Digital disclosed on Wednesday that it filed for bankruptcy on Tuesday with the U.S. Ban...
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 Digital CEO Reveals Restructuring Plan, Who Will Be Impacted?
Crypto lender Voyager Digital’s CEO Stephen Ehrlich on Wednesday said the company has commenced a “voluntary financial restructuring” process to protect assets, maximize value for its shareholders and...
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...