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  2. 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.
    www.cnbc.com/2022/07/06/crypto-firm-voyager-digital-files-for-chapter-11-bankruptcy-protection.html
    www.cnbc.com/2022/07/06/crypto-firm-voyager-digital-files-for-chapter-11-bankr…
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    Will Voyager reorganize under Chapter 11?U.S. Bankruptcy Judge Michael Wiles approved Voyager's liquidation plan at a court hearing in Manhattan, allowing the company to return about $1.33 billion in crypto assets to customers and end its efforts to reorganize under Chapter 11. Customers may be able to make withdrawals by June 1, Voyager's official creditors committee said.
    Does Voyager digital have a Chapter 11 filing?Voyager Digital had suspended all withdrawals and trading last week but said “volatility and contagion” in the crypto markets had forced it into a Chapter 11 filing, which shields a business from creditors while it explores strategic alternatives.
    Why did Voyager file a Chapter 11 bankruptcy?The Chapter 11 petition seeks to provide Voyager with protection from legal claims while it pursues a restructuring. The company said in the filing that it has more than 100,000 creditors and liabilities of between $1bn and $10bn. It owes nearly $1mn to Google, the filings showed, with the rest of its largest unsecured creditors being customers.
    Can Voyager digital recover all of its assets?The fact that some Voyager Digital users may not be able to recover all of their assets is the unfortunate reality of the situation. One of the biggest crypto platforms filing for Chapter 11 bankruptcy is just the latest in a string of bad news for the crypto world.
     
  4. Crypto firm Voyager Digital files for Chapter 11 bankruptcy

     
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    WEBJul 12, 2022 · Voyager tells the court it plans to mount a comeback. A Chapter 11 restructuring would allow Voyager to shed debt and restructure itself, rather than having to liquidate its assets.

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    WEBJul 6, 2022 · The Toronto-based Voyager filed for Chapter 11 bankruptcy protections Tuesday in the Southern District of New York, estimating that it had more than 100,000 creditors and somewhere between $1...

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    WEBJul 06, 2022, 01:10 ET. Share this article. Files Voluntary Petitions for Chapter 11 Protection to Implement Restructuring; Proposed Plan of Reorganization Creates Efficient Path to Resume...

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