🚨 Bankrupt Voyager’s strategic play: Significant assets, comprising 1,500 ETH and 250 billion SHIB, now shifted to Coinbase. Yet, they possess a hefty $81.63M. What’s next for them? #CryptoUpdate #VoyagerMoves
Voyager Digital’s bankruptcy plan gets the green light, users to recover 35% of their crypto deposits. A rough ride for the crypto lending platform! Stay cautious, stay safe. #VoyagerDigital #CryptoNews
The UCC and US government have resolved the issue allowing BinanceUS acquisition of Voyager to move forward.
Silvergate Capital fired almost half of its staff after the company announced a plunge in crypto-related deposits in late 2022.
The SEC, U.S Trustee, and state regulators from New Jersey have all filed motions objecting to Binance US’s acquisition of Voyager. Read CNL for more.
Binance. U.S, the US branch of the world’s largest cryptocurrency exchange is planning to make a bid for the insolvent loan platform Voyager Digital.
A list of organizations having exposure to FTX and Alameda Research started to become viral on Twitter. Their liabilities range from $10bn to $50bn.
While Core Scientific Inc. considers filing for bankruptcy, a group of convertible bondholders is collaborating with restructuring attorneys at Paul Hastings.
A New York bankruptcy judge approved the $1.4 billion Plan of Voyager to sell its holdings to FTX. Read CNL to learn more.
Alameda to Repay $200 Million in Crypto to Bankrupt Voyager. Sam Bankman-Fried is a crypto billionaire and well-known figure in the trading sector. Even according to Bloomberg, FTX allegedly tried to purchase Robinhood. According to a court document from insolvent Voyager Digital Ltd., crypto millionaire Sam Bankman-Alameda Fried’s Research will return around $200 million in Bitcoin and Ether that it had borrowed from the company. According to a separate filing made late Monday, the deal to return the cryptocurrency was made public after Voyager’s plea to have the loan to Alameda reimbursed was allowed by a New York bankruptcy court.
Voyager Digital Holdings rejected Alameda FTX take over proposal. The firm filed a rejection letter stating that Alameda FTX’s proposal was misleading and could harm its customers. Bankman-Fried said customers lost enough already and they should be able to claim their assets. Crypto lending firm Voyager Digital Holdings declined the joint proposal of its competitor Alameda Ventures and FTX (AlamedaFTX) to take over its digital assets for the reason that the proposal was “highly misleading” and could possibly “harm customers.” FTX, FTX US, and Alameda, companies affiliated to Sam Bankman-Fried, publicized its offer on July 22 to provide early liquidity
