Bitcoin News / Bitcoin.com - 9 months ago
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor loss...
Cryptocoins News / Blockchain - 1 year ago
The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC....
Cryptocoins News / Blockchain - 1 year ago
The FTC settles with Voyager Digital, barring it from handling consumer assets post allegations of misleading FDIC insurance claims. The settlement highlights regulatory efforts to ensure transparency in the crypto industry amid a broader crackdown o...
Cryptocoins News / Blockchain - 1 year ago
The CFTC and FTC have levelled fraud charges against former Voyager Digital CEO Stephen Ehrlich, spotlighting the case as a notable instance of regulatory enforcement within the digital asset sector. The charges underscore the market's inherent risks...
Cryptocoins News / The Cointelegraph - 1 year ago
CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO, Stephen Ehrlich. A commi...
Cryptocoins News / The Cointelegraph - 1 year ago
The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. The United States...
Cryptocoins News / The Cointelegraph - 1 year ago
Following the lending firm’s bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulations....
by COINS NEWS - 1 year ago
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Cryptocoins News / EthereumWorldNews - 1 year ago
Defunct crypto lender Voyager Digital has become the target of a scam amid its bankruptcy proceedings.The scams were designed to extract data from Voyager’s customers who were awaiting repayment from the firm.& Law enforcement agencies and bankr...
Bitcoin News / Bitcoin.com - 1 year ago
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between Marc...
Cryptocoins News / CoinJournal - 1 year ago
In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total of $16.48 million to the lawyers. The legal charges will top...
Cryptocoins News / The Cointelegraph - 1 year ago
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees. New York-based law firm McDermott Will &am...
Bitcoin News / Bitcoinist - 1 year ago
In the turbulent world of crypto, even well-established players face hard times. Voyager Digital, a once-thriving cryptocurrency brokerage, now facing bankruptcy, is set to pay over $1 million for legal services provided in April. Voyager Digital...
Bitcoin News / Bitcoin.com - 1 year ago
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks...
Cryptocoins News / EthereumWorldNews - 1 year ago
Voyager Digital may start distributing its remaining assets to creditors in the next few weeks.& The announcement was made by Voyager’s Official Committee of Unsecured Creditors.& The direct distribution plan for customers was unveiled last...
Bitcoin News / Bitcoinist - 1 year ago
The planned $1 billion sale of Voyager Digital to Binance.US has hit a speed bump as a federal judge granted the United States government’s request for an emergency stay. The move comes after the Commodity Futures Trading Commission (CFTC) fil...
by COINS NEWS - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
The US District Court rejected the government's appeal to halt Binance.US's acquisition of bankrupt brokerage company Voyager Digital. The court confirmed its prior approval of Voyager Digital's Chapter 11 bankruptcy plan, which involves selling asse...
Cryptocoins News / The Cointelegraph - 1 year ago
Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023. After...
Cryptocoins News / CoinJournal - 1 year ago
Voyager Digital token jumped to February highs.& The bankruptcy judge accepted that the company could be acquired by Binance. These gains could be temporary since there are other hurdles to the deal. The Voyager Digital (VGX) price was t...
by COINS NEWS - 1 year ago
submitted by /u/DoubleFaulty1 [link] [comments]
Cryptocoins News / Blockchain - 1 year ago
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 mil...
Cryptocoins News / Blockchain - 1 year ago
Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures. (Read More)
by COINS NEWS - 1 year ago
submitted by /u/Squidsoda [link] [comments]
