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  2. Voyager filed for Chapter 11 bankruptcy protection, which seeks to restructure troubled firms as viable business operations, in July after crypto hedge fund Three Arrows Capital defaulted on a loan from the company worth $670 million.
    www.cnbc.com/2022/11/25/binance-others-line-up-…
    Voyager filed for Chapter 11 bankruptcy protection in July after a tumultuous drop in digital currency prices left it unable to redeem withdrawals from its customers.
    www.cnbc.com/2022/09/27/bankrupt-crypto-lender …
    Voyager filed for bankruptcy protection in July 2022, after crypto hedge fund Three Arrows Capital (3AC) defaulted on a significant loan position extended by Voyager.
    www.cnbc.com/2022/12/19/binance-to-acquire-voy…
     
  3. People also ask
    How many creditors does Voyager have?The Toronto-based firm estimates more than 100,000 creditors. Last Monday, Voyager issued a notice of default to beleaguered Singapore-based crypto hedge fund Three Arrows Capital (3AC), which had borrowed $675 million from Voyager in the form of 15,250 bitcoin and $350 million in stablecoin USDC.
    Why did Voyager go bankrupt?Voyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital (3AC). Two sale attempts failed during Voyager's bankruptcy. It initially sought to sell its assets for $1.42 billion to FTX, a deal that failed when FTX imploded in November.
    Did Voyager digital file for bankruptcy?Beleaguered crypto brokerage Voyager Digital has filed for Chapter 11 bankruptcy protection, becoming the latest casualty of chaos in digital asset markets. Voyager commenced bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York on Tuesday, according to a filing from the company.
    Is Voyager digital going out of business?Shroder says the company’s goal is to give Voyager customers access to their assets next March. In July, Voyager Digital filed for Chapter 11 bankruptcy just days after the collapse of the crypto hedge fund Three Arrows Capital (3AC).
     
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    WEBJul 12, 2022 · Consensus Magazine. Behind Voyagers Fall: Crypto Broker Acted Like a Bank, Went Bankrupt. In an industry where counterparties are tightly bound together by a weave of debt and leverage,...

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    WEBMay 17, 2023 · Voyager customers will get about 36% of what they’re owed but their recovery could increase if the firm succeeds in a pending dispute Bloomberg Terminal with FTX, according to court documents.

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