Crypto Broker Voyager Digital Declares Chapter 11 Bankruptcy, Disables User Trading

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The crypto winter claims another victim as the trading platform promised its users they’ll eventually regain access to their locked funds.

Ehrlich further said in their proposed reorganization plan, customers that still have crypto in their accounts will see a return on their assets through a combination of crypto, proceeds from Three Arrows’ liquidation, and shares in the newly reorganized Voyager.

The company did not disclose a timeline for exactly when any of that is supposed to happen, and it’s all subject to change depending on what happens with Three Arrows liquidation. Just this week, Three Arrows filed for its own set ofoin in their accounts will regain access once they sort things out with its bank. Again, the company did not say when that might happen, and it currently leaves users unable to access the assets stored in their accounts.

 

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Holy shit, good thing I didn’t keep anything in there. They were my go-to!

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