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Voyager Digital Recovers 30%: Second Distribution Coming For Crypto Creditors
Wednesday, April 10, 2024 - 2:17pm | 569Announcing its progress in recovering funds from various sources, bankrupt firm Voyager Digital on Wednesday announced it has secured a combined $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance settlements. In a detailed status update regarding...
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CFTC Files Civil Lawsuit Against Ex-Voyager CEO Stephen Ehrlich Over Fraud Allegations
Thursday, October 12, 2023 - 2:43pm | 564The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil lawsuit against Stephen Ehrlich, the ex-CEO of the defunct Voyager Digital entities. The lawsuit alleges that Ehrlich engaged in fraud and failed to register with the CFTC, misleading customers about the safety of the Voyager...
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Bankrupt Crypto Firm Voyager Hit By Hackers Amid Liquidation Process: Here's What You Need to Know
Tuesday, August 1, 2023 - 4:35pm | 498Bankrupt crypto firm Voyager Digital Holdings Inc. has reportedly been targeted by hackers during its reopening phase. The platform was reopened for a 30-day period to allow customers to withdraw their remaining assets as part of a court-supervised liquidation process. During this period,...
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Voyager Digital To Attempt Cryptocurrency Repayments Despite Regulatory Hurdles
Wednesday, April 26, 2023 - 3:34pm | 425Voyager Digital (OTC: VYGVQ) was caught off guard when Binance.US abruptly backed out of a $1 billion deal to purchase its assets, citing an "uncertain regulatory climate" in the U.S. According to Voyager's attorneys, Binance.US had expressed interest in closing the transaction...
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Binance Pulls Out Of Deal To Acquire Voyager Digital Assets, Here's What's Next
Tuesday, April 25, 2023 - 2:34pm | 517The aftershock of the bankruptcy of cryptocurrency platform FTX isn’t done affecting Voyager Digital Ord Shs (OTC: VYGVQ). What Happened: The beleaguered crypto brokerage took another blow on Tuesday, saying on Twitter that Binance has decided to pull out of its agreement to acquire the...
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Shiba Inu, Ether And VGX Tokens: What's Happening With Voyager's Crypto Assets?
Wednesday, March 29, 2023 - 12:58pm | 499Voyager Digital is beginning to cash out U.S. dollars received from the sale of Shiba Inu (CRYPTO: SHIB), Ether (CRYPTO: ETH), and the Voyager Token (CRYPTO: VGX). The assets were sent to the bankrupt cryptocurrency lender, according to on-chain data. Last month, $610 million worth of USD...
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Investors' Life Savings At Risk As Binance.US's Acquisition Of Voyager Digital's Assets Faces Regulatory Backlash
Friday, March 10, 2023 - 10:52am | 372The U.S. Department of Justice (DOJ) filed an appeal late Thursday evening challenging the decision of a New York bankruptcy judge to approve Binance.US's billion-dollar acquisition plan for bankrupt cryptocurrency lender Voyager Digital's assets. The appeal was filed by the U.S....
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Portfolio Manager Prefers Option, Bond Overlays To Hedge Big Uncertainty Facing Markets
Friday, March 10, 2023 - 10:41am | 1089Preferred measures for gauging the strength potential of today's market are unclear, explains Michael Green, a Simplify portfolio manager and strategist. “The traditional adjustments ranging from seasonality to the birth-death models used in smoothing employment reports are in question,...
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Crypto Giant Binance.US Makes Billion-Dollar Splash With Voyager Digital Acquisition
Tuesday, March 7, 2023 - 6:46pm | 459Binance.US has taken a significant step towards acquiring the assets of bankrupt cryptocurrency lender Voyager Digital in a deal valued at more than $1 billion. A bankruptcy judge in the Southern District of New York, Michael Wiles, ruled in favor of the proposed acquisition, stating he would...
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Binance CEO Changpeng Zhao Affirms Support For Voyager Deal Amid SEC Scrutiny
Friday, March 3, 2023 - 2:26pm | 333Binance CEO Changpeng Zhao has reiterated the company's support for the Voyager deal, despite objections raised by the U.S. Securities and Exchange Commission (SEC). The SEC opposed the acquisition of Voyager Digital by BinanceUS, which was entered into in December. However, US Bankruptcy Judge...
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US Bankruptcy Judge Scoffs SEC's Objection To Voyager-Binance $1B Deal
Friday, March 3, 2023 - 9:58am | 328A U.S. bankruptcy judge has reportedly criticized the United States Securities & Exchange Commission over its ambiguous reasoning for objecting to Voyager Digital's $1 billion proposed sale to Binance.US, announced in December. U.S. bankruptcy judge Michael Wiles said the...
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Voyager Continues Selling Frenzy With $12M Transfer In Shiba Inu, Ethereum, Native Token To Coinbase
Thursday, March 2, 2023 - 12:29am | 601Distressed cryptocurrency lender Voyager Digital (CRYPTO: VGX) is bolstering its liquidity by transferring large amounts of digital assets to Coinbase (NASDAQ: COIN). What Happened: Data from blockchain intelligence firm PeckShield on Wednesday revealed a major outflow of 300 billion Shiba Inu (...
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SEC Proposes Rule Making It Harder For Crypto Firms To Work With Hedge, Pension Funds
Tuesday, February 14, 2023 - 1:38pm | 534The U.S. Securities and Exchange Commission (SEC) is set to propose rule changes that would make it harder for crypto firms to be designated as "qualified custodians," Bloomberg reported. The new rules would allow crypto firms to hold client assets for money managers. While the proposed...
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What's Next For MicroStrategy's Bitcoin Holdings, According To CEO Michael Saylor?
Tuesday, February 7, 2023 - 3:36pm | 449Enterprise-software company MicroStrategy Inc (NASDAQ: MSTR), the largest publicly traded Bitcoin (CRYPTO: BTC) holder, might consider participating in futures contracts on CME Group's marketplace to generate yield, according to Michael Saylor, MicroStrategy's co-...
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The Binance Factor: Why A Bankrupt Crypto Lender's Token Is Up 23% Today
Monday, December 19, 2022 - 11:00pm | 400Voyager Digital’s native token (CRYPTO: VGX) is up 23% in the last 24 hours after Binance.US made a deal to buy the assets of the insolvent crypto lender for $1.02 billion. What Happened: At the time of writing, VGX was trading at $0.35, with a market cap of $104 million. Apex crypto Bitcoin...