Tag: voyager

Sep 22 2022

Top Exchanges In Battle To Buy Voyager Crypto Holdings

During the winter, Voyager Digital fell due to its outstanding liquidity issues. As a result, the firm filed for Chapter 11 bankruptcy in July to assist it with the situation after halting withdrawals on its platform. The crypto winter for 2022 was a drastic one that tumbled almost all the cryptocurrencies. Coupled with the collapse of the algorithmic Terra and its ecosystem, the...

Sep 21 2022

Binance and FTX Bids Around $50M for Voyager’s Assets

Sep 21 2022 Published at Coinscreed under tags  binance ftx market watch news voyager

Sources who spoke to the Wall Street Journal said that Binance's current bid is just a little bit higher than FTX's. Sources who spoke to the Wall Street Journal about the situation said that Binance and FTX put in the highest bids of about $50 million for the assets of the bankrupt crypto lender Voyager […] The post Binance and FTX...

Sep 20 2022

Voyager urges Alameda Research to repay $200M loan

Bankrupt Voyager Digital requested that crypto trading firm Alameda Research repay its $200 million loan in a Sept. 19 court filing. According to the filing, Alameda would repay 6,553 BTC (roughly $128 million) and 51,204 ETH ($70 million)...

Sep 16 2022

Crypto Lender Voyager’s Bankruptcy Auction Begins

Sep 16 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto crypto news voyager

Crypto lender Voyager Digital Ltd., which is at present bankrupt, has begun its auction in New York. The venue for the auction is at the midtown office of investment bank Moelis. The auction can stretch beyond Tuesday. The result of the bid or the bids shall be...

Aug 30 2022

The Wall Street Journal Attacks, Tether Responds. Who Won?

Is this attack on Tether part of The Wall Street Journal’s general campaign against bitcoin and crypto? Or did the newspaper feel the impulse to get in on the Tether FUD action a few months too late? Did Tether competitors pay for this article or is it an organic piece of journalism? The WSJ article titled “Tether Says Audit Is...

Aug 24 2022

Crypto Lender Voyager To Pay Employees ‘Retention’ Bonuses

Aug 24 2022 Published at Coinscreed under tags  crypto employee news voyager

Judge Michael Wiles also agreed that the names and jobs of the employees who might get the bonuses would be kept secret and paid by Crypto Lender Voyager. A federal judge said that crypto lender Voyager Digital, filing for bankruptcy, can pay $1.6 million to more than 30 employees as a "retention" award. Judge Michael […] The post...

Aug 22 2022

Voyager creditors rejects bonus plan for 38 employees

Aug 22 2022 Published at CryptoSlate under tags  bankruptcy crypto voyager

Voyager Digital creditors have opposed its move to pay employees "retention awards," according to an August 19 court filing. Bonuses worth $1.9M Voyager had asked the bankruptcy court to approve a $1.9 million "Key Employee Retention Plan" (KERP) in an August 2...

Aug 11 2022

Lawsuit Filed Against Mark Cuban; Here’s Why

Aug 11 2022 Published at Coingape under tags  mark cuban news voyager voyager digital

Mark Cuban, billionaire entrepreneur and owner of Dallas Mavericks, is the latest in line to face a lawsuit. The class action complaint against the billionaire connects to his promotion of crypto broker Voyager Digital. Mark...

Aug 07 2022

Crypto Broker Voyager To Soon Resume Cash Withdrawals

Aug 07 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto news voyager

Crypto Broker, Voyager, has decided to resume its cash withdrawals on its app. Users shall be able to make cash withdrawals from the application, this news comes after Voyager suspended trading, deposits, withdrawals and loyalty rewards for over a month. The cryptocurrency lender has panned to restart the customer access to withdrawals from August 11, as mentioned on the blog post by Voyager....

Aug 05 2022

Voyager Plans to Reopen Withdrawals Next Week

Aug 05 2022 Published at Crypto Briefing under tags  bankruptcy news voyager

Voyager has gained court approval to begin providing customers with access to withdrawals. Voyager to Reopen Withdrawals Voyager Digital is planning to let customers withdraw their funds. The company initially...

Voyager users to have withdrawal access by Aug. 11

Aug 05 2022 Published at CryptoSlate under tags  bankruptcy voyager

Embattled crypto lender Voyager Digital has revealed that its users could have access to their funds from Aug. 11. According to the announcement, the Court's Aug. 4 ruling has approved its request to restore access to cash held for the...

Just In: Voyager Cash Withdrawals Are Finally Here With This Timeline

Aug 05 2022 Published at Coingape under tags  crypto news voyager

After getting court approval to restore access to customer funds, Voyager on Friday gave an important update. Acknowledging user concerns, the company said it soon begin processing Voyager cash...

Voyager secures court approval to refund $270M, says it received better offers than FTX bid

Aug 05 2022 Published at CryptoSlate under tags  alameda bankruptcy ftx voyager

Struggling crypto lender Voyager Digital has been allowed to return its customer's $270 million deposited with Metropolitan Commercial Bank, The Wall Street Journal reported on August 4. According to the report, Judge Michael Wiles ruled that Voyager had presented a "sufficient basis" to allow its customers access to their funds at the...

Aug 03 2022

Voyager CEO reportedly made $30M from stock sales

Aug 03 2022 Published at CryptoSlate under tags  bankruptcy bitcoin celsius crypto ethereum

Voyager's CEO Stephen Ehrlich made over $30 million when he sold the company shares when it was trading at its peak in 2021, CNBC reported Aug. 3. According to CNBC's report, Ehrlich sold 1.9 million shares between Feb. 9, 2021, and March 31, 2021, in eleven...

Aug 02 2022

NY Attorney General Letitia James Asks Anchor and Celsius Victims To Speak Out

New York Attorney General Letitia James asked New Yorkers who invested Anchor and Celsius to contact her office. Those who have been deceived or locked out of their accounts are asked to get in touch. She has also asked industry insiders to file a whistleblower complaint if they have witnessed misconduct or fraud. New York Attorney General Letitia James has issued a press...

New York urges crypto market crash victims to speak out

Aug 02 2022 Published at CryptoSlate under tags  bankruptcy celsius crypto new york regulation

New York's Attorney General Letitia James has urged victims of the recent crypto market crash to contact her office. The investor alert asked those who believe they have been deceived or locked out of their accounts by various crypto projects impacted by the recent market crash to contact the NYAG Investor Protection...

Aug 01 2022

Metropolitan Bank requests court permission to honor withdrawals for Voyager Digital customers

Metropolitan Commercial Bank filed a statement supporting Voyager Digital's request to honor withdrawals from its For Benefit of Customers (FBO) account on July 30. The filed statement claimed that Voyager Digital opened two accounts with the banks for the benefit of its customers only, and "Voyager does not have any claim to the...

Jul 29 2022

More Trouble For Voyager, U.S. FDIC Issues Warning To Banks

Jul 29 2022 Published at Coingape under tags  altcoin news news regulation news voyager

The U.S. Federal Deposit Insurance Corp (FDIC) has issued an advisory to banks and FDIC-Insured institutions regarding its policies following claims by troubled crypto lender Voyager, that it is FDIC-Insured and the subsequent issuance of a cease-and-desist statement by The FDIC and The federal reserve. The FDIC insurance doesn't cover crypto entities U.S. Federal Deposit The post More Trouble For Voyager, U.S. FDIC...

Stop Lying to Customers, Fed and FDIC Order Voyager

Jul 29 2022 Published at Crypto Briefing under tags  fdic fed news voyager

The two institutions called Voyagers deposit insurance claims false and misleading. Voyager Ordered to Stop Misleading Customers Voyager Digital allegedly lied to its customers that the government was insuring its...

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