Voyager Digital Has Filed for Chapter 11 Bankruptcy Protection

Voyager Digital has filed for Chapter 11 bankruptcy protection. It is estimated to have more than 100,000 creditors and about $1 billion to $10 billion in assets, and it has recorded the same range of liabilities. The company argues that "funds will be available for distribution to unsecured creditors." Voyager Digital also states in its blog post that it has $110 million in cash, $350 million in Metropolitan, $1.3 billion in crypto and was owed $650 million from Three Arrows Capital.
Source

Event

Related News
Cathie Wood's Ark Invest Sold Coinbase and GBTC Shares Cathie Wood's Ark Invest Sold Coinbase and GBTC Shares
Hamas and Other Militant Groups Received Over $130M in Crypto Assets Hamas and Other Militant Groups Received Over $130M in Crypto Assets
Liquidator Tracked Zhu Su's Whereabouts and Reported to the Police, Leading to His Arrest at the Airport Liquidator Tracked Zhu Su's Whereabouts and Reported to the Police, Leading to His Arrest at the Airport
Blockchain Academy, The Graph Host Blockchain Infra Camp to Explore Opportunities in Blockchain Infrastructure Blockchain Academy, The Graph Host Blockchain Infra Camp to Explore Opportunities in Blockchain Infrastructure
Arbitrum Odyssey Returns Next Week Arbitrum Odyssey Returns Next Week
Latest News More More
Stellar Launched Smart Contracts Platform
38 Minutes Ago Crypto Community Expresses Concern Over Ethena's 27% USDe Yield
1 Hour Ago Optimism Announced Fourth Airdrop of over 10M $OP Token
18 Hours Ago Starknet Active Users Dropped Significantly as Dissatisfication over Airdrop Allocation
1 Day Ago Vitalik Says AI Could be Crucial to Solve Ethereum "Biggest Technical" Risk
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open