Cryptocurrency broker Voyager Digital filed for bankruptcy amid debts to 100 thousand creditors
The cryptocurrency market continues to “fever”. Another major player has declared bankruptcy. We are talking about the broker Voyager Digital, whose assets are estimated in the range of $ 1 billion to $ 10 billion.
The company filed for bankruptcy under the so-called “Chapter 11”. It implies the reorganization of the company with the possibility of maintaining control over its operating activities.
Voyager Digital’s liabilities are roughly equal to the value of its assets. The company also has over 100 thousand customers with outstanding claims.
One of the broker’s clients is a large hedge fund Three Arrows Capital, which at one time invested in such blockchain games as Axie Infinity and Crypto Raiders. The firm owed about $650 million and declared bankruptcy at the end of last week.
