On Monday, crypto broker Voyager Digital said itto Three Arrows Capital as the company failed to make payments on an approximately $675 million loan.
The price of Bitcoin was down 4.5% to $20,062 early on Wednesday morning—after briefly falling below $20,000—but it is likely to drop further if the report is confirmed.Follow me on
This is good for bitcoin
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BVI court orders liquidation of Three Arrows Capital: Sky NewsA court in the British Virgin Islands has ordered the liquidation of Three Arrows Capital, according to a report by Sky News. FrankResearcher 3 liquidated capital (3LC)
Source: TheBlock__ - 🏆 464. / 53 Read more »
Voyager Digital issues default notice against Three Arrows CapitalThe crypto app has issued a default notice against Three Arrows Capital for failure to repay a loan worth more than $650 million. AJRummer so... is that it? Just default?
Source: TheBlock__ - 🏆 464. / 53 Read more »
Voyager Digital issues notice of default to Three Arrows CapitalVoyager disclosed that the exchange currently has $137 million in cash and crypto and access to the loaned funds provided by Alameda Research. ezrareguerra Froginutoken 🐸X100🐸X1000🐸!. ezrareguerra In a market update by Voyager, the exchange noted that it's currently exploring 'legal remedies' that are available with its advisors and is aiming to pursue the recovery of its funds from 3AC. ezrareguerra is anyone surprised? I'm not.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Voyager Digital Proceeds with Default Notice Against Three Arrows CapitalVoyager Digital has announced issuing a notice of default to Three Arrows Capital following a failure to meet payments obligations.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Three Arrows Capital receives a notice of default for failure to make required paymentsVoyager Digital Ltd. made the announcement today, June 27, that its operational subsidiary, Voyager Digital LLC, has filed a notice... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Ailing Crypto Trading Firm Three Arrows Capital Defaults On $675 Million Loan To Voyager DigitalThe crypto brokerage firm is now relying on $75 million from an Alameda Research-issued credit line to process limited withdrawals and is seeking options to recover the funds. Eschew Americanist nescience⚫️
Source: Forbes - 🏆 394. / 53 Read more »