Bitcoin News / Bitcoinist - 2 years ago
Voyager Digital had been one of the worst-hit crypto lenders of the lender crisis that rocked the market back in Q2 2022. After the lender filed for bankruptcy during the height of the crisis, there had been restructuring plans put in place. The cryp...
Cryptocoins News / CoinJournal - 2 years ago
FTX US’ successful bid for Voyager Digital’s is reported at $1.422 billion.
Voyager says FTX US’ bid provides the best route to returning value to customers.
Cryptocurrency exchange FTX US has won the bid to acquire the assets of...
Cryptocoins News / Finance Magnates - 2 years ago
<p>FTX US, the United States affiliate of the global crypto exchange, won the bid to purchase the digital assets of the bankrupt crypto company, Voyager Digital.</p><p>According to the official press release by <a href="http...
Cryptocoins News / The Cointelegraph - 2 years ago
Voyager hints that its customers will eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings. Cryptocurrency exchange FTX US...
Cryptocoins News / NewsBTC - 2 years ago
Voyager Digital has officially completed it’s auction for acquisition, with powerhouse exchange FTX securing the winning bid, according to emerging reports (and confirmed via press release) in recent hours. Reports in recent weeks had stated th...
Cryptocoins News / The Cointelegraph - 2 years ago
FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app....
Cryptocoins News / CoinJournal - 2 years ago
Voyager Digital price made a strong recovery in the past few days amid rising expectations that the company will soon be acquired out of bankruptcy. The VGX token rose to a high of $0.7785, which was the highest level since September 16. It has risen...
Cryptocoins News / The Cointelegraph - 2 years ago
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. Quantitative trading company Alameda Research...
Cryptocoins News / EthereumWorldNews - 2 years ago
A report by Coindesk citing anonymous sources reveals that FTX might be in the lead to purchase the auctioned assets of Voyager Digital& The crypto lender platform had earlier rejected the FTXs deal citing it as a low ball offer
A report publ...
Cryptocoins News / The Cointelegraph - 2 years ago
The centralized crypto lender rejected an offer from FTX after it filed for Chapter 11 bankruptcy reorganization in July following 3AC's loan default and its debts topping $1 billion....
Cryptocoins News / CoinJournal - 2 years ago
The VGX price surged to the highest point since July 18 as the bidding war for Voyager Digital continued. The token rose to a high of $0.6872, which was almost 400% above the lowest level this year. As a result, its total market cap surged to over $1...
Bitcoin News / Bitcoin.com - 2 years ago
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the company demanding a cease and desist...
Bitcoin News / Google News Bitcoin - 2 years ago
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News& & Bitcoin News
by COINS NEWS - 2 years ago
tldr; US banking regulators have ordered crypto firm Voyager Digital to cease and desist from making "false and misleading" claims regarding deposit insurance protection for customers. The Federal Reserve and the Federal Deposit Insurance Corp sent...
Cryptocoins News / Blockchain - 2 years ago
Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bailout Voyager Digital.
Late last week, the joint offer extended fro...
Bitcoin News / Bitcoinist - 2 years ago
In response to FTX’s proposal to provide early liquidity to Voyager customers, the attorneys for insolvent cryptocurrency lender Voyager Digital called the proposal a “low-ball bid dressed up as a white knight rescue” that only bene...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Voyager Digital lawyers submitted a court filing in response to a proposal from FTX supposedly geared toward making customers whole.
FTX offered early liquidity to Voyager customers as the crypto platform is faced with bankruptcy.
CEO of...
Cryptocoins News / The Cointelegraph - 2 years ago
FTX and Alameda Ventures want to offer Voyager Digital customers a chance to start a new FTX account with an opening cash balance funded by an early distribution on a portion of their bankruptcy claims, FTX announced in a statement Friday. To accomp...
Cryptocoins News / Blockchain - 2 years ago
Embattled crypto brokerage firm Voyager Digital recently sought permission to process user withdrawals from the Federal Bankruptcy Court.
According to a recent court filing, Voyager is requesting a permit from the court to approve users' withdrawal...
Cryptocoins News / CoinJournal - 2 years ago
Voyager Digital filed for bankruptcy earlier this month and is now looking to settle its clients soon.
Struggling cryptocurrency broker Voyager Digital has asked the federal bankruptcy court to honour withdrawal requests from its clients.
According...
Cryptocoins News / Blockchain - 2 years ago
Senior executives of crypto broker Voyager Digital and their families were reportedly threatened by their clients, a court in Manhattan revealed last Friday.
At the first-ever bankruptcy hearing for Voyager Digital took place before U.S. Bankruptcy...
by COINS NEWS - 2 years ago
tldr; The Federal Deposit Insurance Corporation (FDIC) has launched a probe into the bankrupt crypto company Voyager Digital for allegedly deceiving users. FDIC is a consumer protection agency that insures user deposits, oversees financial instituti...
Cryptocoins News / The Cointelegraph - 2 years ago
Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and lender filed for bankruptcy Tuesday. This could mean additional consequence...