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  2. The Federal Trade Commission announced a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers’ assets and is filing suit against its former CEO, Stephen Ehrlich, for falsely claiming that customers’ accounts were insured by the Federal Deposit Insurance Corporation (FDIC) and were “safe,” even as the company was approaching an eventual bankruptcy.
    www.ftc.gov/news-events/news/press-releases/2023/10/ftc-reaches-settlement-crypto-company-voyager-digital-charges-former-executive-falsely-claiming
    www.ftc.gov/news-events/news/press-releases/2023/10/ftc-reaches-settlement-…
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    Why did Voyager suspend its debit card?The company also suspended its debit card, and customers were advised to pause all direct deposits and automatic payments. Voyager attributed the suspension due to losses sustained from the downfall of crypto hedge fund Three Arrows Capital (3AC). 3AC currently owes the crypto brokerage more than $650 million due to a loan default.
    Is Voyager digital temporarily suspending withdrawals?Voyager Digital has announced that it is temporarily suspending withdrawals and most other financial services. In a blog post, Voyager said that it will temporarily suspend trading, deposits, withdrawals, and loyalty rewards. This will also prevent clients from using their Voyager debit cards.
    What happened to Voyager digital?Register Now Crypto broker Voyager Digital (VYGVF) is temporarily suspending all trading, deposits, withdrawals and loyalty rewards, the company announced Friday. Even the Voyager-issued debit card will stop working for owners. The changes were effective as of 2 p.m. ET.
    How do I use a Voyager debit card?Step 1: First, you’ll need to create a Voyager account. Step 2: Link a bank account to your Voyager account, and fund your account with U.S. dollars. Step 3: Use the U.S. dollars in your account to purchase USDC at a 1:1 rate, allowing you to start earning a 9% APY on this balance. Step 4: Preregister for the Voyager Debit card in the app.
     
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  5. Voyager slapped with assets ban after $1B loss fiasco

  6. WEBJul 1, 2022 · Your debit card will stop working. You will need to stop any direct deposits currently going into the account connected to your debit card, as well as any automatic payments made from that...

  7. WEBFeb 9, 2024 · Here is a glance at the full list of benefits the Voyager Debit card offers to cardholders: Instantly spend your USDC anywhere Mastercard is accepted. No annual fee. Earn 9% APY on USDC …

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