Search Results for "voyager"
Court Approves Voyager Digital's Acquisition by Binance.US
The US District Court rejected the government's appeal to halt Binance.US's acquisition of bankrupt brokerage company Voyager Digital. The court confirmed its prior approval of Voyager Digital's Chapter 11 bankruptcy plan, which involves selling assets to Binance.US to repay customers. The court also allowed Binance.US to issue repayment tokens to impacted Voyager customers, despite objections by the US Securities and Exchange Commission.
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research.
FTX Wins Bid to Take Over Bankrupt Voyager's Assets
FTX took over bankrupt crypto brokerage Voyager Digital Ltd.'s assets after winning an auction with a bid of about $50 million, the information was shared by people familiar with the matter.
Voyager Secures Approval to Return $270M to Customers
Crypto firm Voyager Digital Holdings Inc. is set to return $270 million in customer cash, the Wall Street Journal reported.
Investors Sell FTX, Celsius, BlockFi, Voyager
A number of investors who lost money as a result of the recent failures of FTX, Celsius, BlockFi, and Voyager Digital are considering transferring their claims to other parties. Nearly 10,000 claims were posted at the time this article was written, including 9,072 claims on Celsius Network, 93 claims on Voyager, 67 claims on FTX, and 23 claims on BlockFi. It has been alleged that former FTX CEO Sam Bankman-Fried has cashed out a total of $684,000 since he was released on bail.
Genesis hires a bankruptcy avoidance specialist
GGC restructured. Moelis & Company is engaged. Voyager Digital declared bankruptcy on July 1, triggering ICO flood fears. Genesis Global Trading ceased lending. Insolvency and "unprecedented market turmoil" halted FTX. Grayscale Investments, Digital Currency Group's parent, predicts $800 million in 2022 sales.
Ex-Voyager Executives Suggest Live Trading as Restructuring Plan
Shingo Lavine and his father, Adam Lavine, both equity holders in Voyager and developers of Ethos, a leading cryptocurrency technology company, have proposed a restructuring plan to the troubled U.S. crypto lender.
Mark Cuban Slammed with Lawsuit for Endorsing Bankrupt Voyager Digital
Mark Cuban, the billionaire owner of the basketball team Dallas Mavericks, has been slammed with a class action lawsuit for his role in promoting the now bankrupt crypto platform Voyager Digital.
Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case
The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.
Mark Cuban To Testify On Voyager Marketing
Mark Cuban will be deposed in a class-action lawsuit claiming that he supported Voyager Digital's Ponzi scam. Judge Lisette M. Reid ordered Cuban's complete deposition on February 2 in Dallas, Texas. Plaintiffs' attorneys applauded the judge's denial of Cuban's motions to halt and postpone discovery.
Voyager Digital Sells Assets via Coinbase Amid Bankruptcy
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 million in crypto, including Ether and Shiba Inu. The US SEC has objected to Binance.US acquiring over $1 billion of Voyager's assets.
Voyager Digital Secures $200m Credit Facility to Meet Liquidity Demands
Voyager Digital Holdings, a prominent crypto trading and investment platform, has secured more than $200 million in credit facility from Alameda Ventures.