Cryptocurrency broker Voyager Digital files for bankruptcy protection
US firm latest victim of digital asset slump, blaming move on ‘volatility and contagion’ in crypto markets
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US firm latest victim of digital asset slump, blaming move on ‘volatility and contagion’ in crypto markets
Cryptocurrency broker Voyager Digital filed for Chapter 11 bankruptcy following the collapse of the crypto hedge fund Three Arrows Capital, which currently owes the firm more than $650 million.
Crypto broker Voyager Digital Ltd filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to.
Voyager Digital, a high-profile crypto broker, has filed for bankruptcy, citing market volatility and the surprising collapse of Three Arrows Capital, just weeks after it suspended withdrawals, trading and deposits on its platform. The U.S.-headquartered firm — and its two affiliates — said in a Chapter 11 bankruptcy filing in the Southern District of New […]
Top cryptocurrency broker Voyager Digital on Wednesday filed for bankruptcy in the US, after top crypto hedge fund Three Arrows Capital (3AC) did the same last week, in which Voyager has made significant investments which the company is yet to ...