A bear market has driven many projects down. And most recently after the crypto broker Voyager Digital. has decided to stop all trading , deposits and withdrawals Today, the company has filed for bankruptcy.
On Tuesday, Voyager Digital filed a lawsuit.bankrupt Chapter 11 in the Southern District of New York All business entities include Voyager Digital Holdings, Voyager Digital LLC and Voyager Digital, Ltd.
The memorandum states that the company has more than 100,000 creditors, with assets ranging from $1 billion to $10 billion. and have debts in the same range
The company believes that “The funds will be available for distribution to unsecured creditors,” according to the lawsuit.
Crypto companies and especially lenders have been facing a meltdown in recent weeks. with the withdrawal of funds, starting from Celsius last month It announced in mid-June that it would suspend withdrawals, while CoinLoan , CoinFLEX and Voyager It has announced restrictions or abrupt cessation of withdrawals in the past few days.
According to the bankruptcy filing report Voyager Digital, Ltd.’s shareholders are Alameda Research Ventures LLC and Alameda Ventures Ltd., two companies related to FTX founder Sam Bankman-Fried.
Voyager became a famous crypto platform that filed for bankruptcy after Three Arrows Capital Filed for bankruptcy in the past few days.
refer : LINK
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