Voyager Digital to Allow Partial Withdrawals Amid Bankruptcy Woes
Voyager Digital, a crypto lender that filed for Chapter 11 bankruptcy in July, has announced a plan to return some of its customers’ assets. The company was hit hard by the collapse of its creditor, Three Arrows Capital, and a failed buyout attempt by Binance.US. According to Paul Hage, the bankruptcy plan administrator, Voyager Digital […]
Voyager closes $1B deal with Feds to allow sale of assets to Binance.US
Voyager Digital Holdings, a defunct cryptocurrency lender, has agreed with the U.S. government to move forward with a $1 billion proposal to sell its assets to Binance’s U.S. subsidiary. Voyager, the Official Committee of Unsecured Creditors, and the U.S. government agreed on April 19 in a New York District Court filing that Binance could acquire […]
US officials appeal protections for execs in Voyager-Binance.US sale
Voyager Digital’s plan to sell its digital assets to cryptocurrency exchange Binance.US includes a clause that would preclude US officials from bringing legal action against anyone connected to the sale. U.S. Trustee William Harrington and other government lawyers said in a motion filed on March 14 in a New York bankruptcy court that “the court […]
FTX files lawsuit to recover $446 Million from Voyager
Bankrupt crypto exchange FTX has filed a lawsuit against bankrupt crypto lender Voyager Digital to recover $446 million in loan repayment that was made by the former before filing for bankruptcy. According to sources, the insolvent cryptocurrency exchange FTX sued cryptocurrency lender Voyager Digital on Monday in an attempt to recoup $445.8 million in loan […]
Voyager customers to receive 51% of pre-bankruptcy crypto assets
Court has approved for troubled crypto lender Voyager Digital to sell its assets to crypto exchange Binance.US, while customers will get 51% of the cryptocurrency assets they had before the bankruptcy filing. The asset acquisition agreement between Voyager and Binance.US was accepted by Judge Michael Wiles of the United States Bankruptcy Court for the Southern […]