Latest News Voyager files for Chapter 11 bankruptcy: Breaking News By AtoZcrypto Posted on July 10, 2022 1 min read 0 1 1,695 Voyager Digital has filed for bankruptcy after pausing crypto trading deposits and withdrawals under Chapter 11 in the Southern District Court of New York on 5th July. The company is liable for a considerable amount, somewhere between $1 billion to $10 billion to 100,000 asset holders. According to company executives, the company has a reorganization plan to help clients re-access their accounts, and to provide value to customers. These people will receive proceeds from the Three Arrows Capital and can re-access them after the reconciliation process. Voyager will pay employees using the regular route, without any disruptions. It has entered into an agreement of $500 million with Alameda Research to cover all the losses. The daily withdrawal limit to $10,000, and the company is planning to work on resolving these issues.
SEC Presses Charges Against Justin Sun & His Companies On March 22, The Securities and Exchange Commission (SEC) pressed charges against the cryptocurrency …
Vitalik Buterin Drops Altcoins with No Moral Value The Ethereum co-founder Vitalik Buterin has decided to liquidate his altcoin holdings because it …
CFTC Does Not Agree With SEC On Ether As A Security Option SEC chairman Gary Gensler has declared that Ether is security, especially after switching to …
Coinbase Cuts Ties With Silvergate: Latest Cryptocurrency News Silvergate has been facing lawsuits and investigations for a while. Now, the bank is …