Voyager promises to return funds to creditors despite Binance hurdle

2023-5-5 11:55

Customers of the bankrupt crypto broker Voyager may be getting their money trapped in the platform in the coming weeks, shortly after Binance. US pulled out of an initial deal to purchase Voyager’s assets.

The Voyager Official Committee of Unsecured Creditors….

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Voyager Token (VGX) на Currencies.ru

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Источник: btcmanager.com

voyager creditors → Результатов: 36

Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice

In the third and final bill lawyers representing Voyager Digital creditors have billed $5. 1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total of $16.

2023-7-4 16:16	Cryptocurrency News
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Voyager Lawyers Invoice Creditors $5.1M for Three Months of Legal Work

Voyager's lawyers McDermott Will and Emery demand $5. 1 million from collapsed crypto broker Voyager Digital's creditors for work around asset disposals. The post Voyager Lawyers Invoice Creditors $5.

2023-7-4 13:45	voyager digital
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Voyager intends to start returning customer funds in coming weeks

Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s unsecured creditor committee said on May 4. The Voyager Official Committee of Unsecured Creditors wrote: “Voyager is … finalizing everything internally that is necessary to make distributions to creditors.

2023-5-5 01:24	featured
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Voyager Creditors Reject Alameda’s Attempt to Recover $446M

The Creditors’ rejection follows a veto by Voyager itself.

2023-2-1 09:58	Business
voyager creditors follows rejection itself veto recover

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Voyager [VGX]: Creditors oppose the immunity plan, details inside

Following the confirmation of FTX as the winner of the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd, its creditors have challenged the proposed plans to offer the company’The post Voyager [VGX]: Creditors oppose the immunity plan, details inside appeared first on AMBCrypto.

2022-10-15 07:30	News
voyager creditors inside vgx oppose details plan

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Voyager Digital’s creditors oppose retention bonus for employees

Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection agThe post Voyager Digital’s creditors oppose retention bonus for employees appeared first on AMBCrypto.

2022-8-23 00:00	News
voyager creditors digital employees oppose bonus retention

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Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender

A group of Voyager's creditors have formally objected to the beleaguered crypto lender's bid to pay "retention awards" to its current employees, saying Voyager has done nothing to reduce personnel costs.

2022-8-20 06:06	policy
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Voyager Customers Say No to Employee 'Retention' Bonus Bid

2022-8-20 06:06	policy
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First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short-squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.

2022-7-15 02:46	Markets
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Voyager Digital Files for Chapter 11 Bankruptcy

Voyager Digital has filed for Chapter 11 bankruptcy and begun the process of restructuring the company to meet its obligations to creditors and customers. The company issued the news late...

2022-7-6 09:13	Voyager
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SEC criticized for dubious stablecoin stance in FTX bankruptcy

The Securities and Exchange Commission is facing criticism for its recent filing on the FTX bankruptcy, echoing its controversial approach in the Voyager case. In a recent filing, the SEC warned the FTX estate that it may oppose plans to…

Voyager Digital recovers over $480m from FTX and 3AC settlements

Bankrupt firm Voyager Digital has announced that it has successfully recovered $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance settlements. The announcement on April 10 was part of a comprehensive status update to the United States…

CFTC files legal action against Voyager Digital and its ex-CEO

Co-founder of Voyager Digital Stephen Ehrlich faces charges from the Commodity Futures Trading Commission for alleged fraud and failing to register with the agency.

CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims

The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.

Why Did Most Crypto Interest Accounts Fail in 2022?

The simple business model of making money on the spread between lending and interest paid to users seems sound, especially if the loans are over-collateralized and issued to trustworthy parties. The practice of lending can be traced back over 5,000 years to 3000 BC in ancient Mesopotamia; cryptocurrency lending is just an evolution.

CFTC weighing charges against ex-Voyager Digital CEO Stephen Ehrlich

The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct.