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  2. 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 currently holds about $1.3 billion of crypto assets. Under the terms of the Chapter 11 reorganization plan, customers will receive a combination of crypto and equity in return for their existing holdings. Customers will be able to select the proportion of crypto and common equity they receive.
    investorplace.com/2022/07/update-what-the-voyag…
    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. The filing lists assets of between $1 billion and $10 billion, and liabilities in the same range.
    www.cnbc.com/2022/07/06/crypto-firm-voyager-dig…
     
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    What happened to Voyager digital?May 29-31, 2024 - Austin, Texas The biggest and most established global hub for everything crypto, blockchain and Web3. Register Now Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.
    Why did Voyager file for bankruptcy?Voyager filed for bankruptcy in July, months after the crash of major crypto tokens TerraUSD and Luna sent shockwaves across the digital asset industry. Voyager estimates the sale will allow customers to recover 73% of the value of their deposits at the time of Voyager's bankruptcy filing.
    Did Voyager digital go bankrupt?Voyager Digital was a crypto lending firm that has went bankrupt in 2022. Image: Shutterstock. The U.S. Bankruptcy Court in New York has given crypto brokerage Voyager Digital approval from the U.S. Bankruptcy Court to return $270 million to affected customers, the Wall Street Journal reports.
    Will Voyager permanently ban cryptocurrencies?The U.S. Federal Trade Commission said it reached a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers' assets.
     
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