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- Voyager Digital, a crypto trading and lending firm, filed for Chapter 11 bankruptcy protection in July after a drop in digital currency prices left it unable to redeem withdrawals from its customers1. The company currently holds about $1.3 billion of crypto assets2. Under the terms of the Chapter 11 reorganization plan, customers will receive a combination of crypto and equity in return for their existing holdings2. 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 company3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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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