Bankrupt crypto broker Voyager Digital is announcing that it will auction the remainder of its assets on September 13th. The auction is part of the restructuring plan for Voyager as the troubled company undergoes bankruptcy processes. Court documents show that bidding will take place at the New York office of Voyager’s investment banker, Moelis & […]
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Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), thinks crypto lending platforms are not complying with the country’s financial regulations. Gensler says in a new editorial in the Wall Street Journal that crypto shouldn’t be treated differently than the rest of the capital markets just because it uses a different technology. […]
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Shark Tank investor Mark Cuban is facing a class-action suit stemming from his promotion of bankrupt crypto brokerage firm Voyager Digital. In a complaint filed at the US District Court in the Southern District of Florida, aggrieved Voyager customers represented by lawyer Adam Moskowitz claim that Cuban reached out to fans of his NBA basketball […]
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New York Attorney General Letitia James is encouraging New Yorkers affected by the crypto crash to talk to her office about their experiences with digital asset exchanges. In a new Investor Alert, the NY Office of the Attorney General says it is encouraging crypto industry whistleblowers to approach the office as well. “New York Attorney General […]
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BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in […]
The US Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) are accusing crypto brokerage firm Voyager Digital of falsely representing its deposit insurance status. In a joint letter, the two regulators claim Voyager violated section 18(a)(4) of the Federal Deposit Insurance Act. “Section 18(a)(4) of the Federal Deposit Insurance Act (‘FDI Act’), 12 U.S.C. […]
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Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the company demanding a cease and desist against Voyager’s FDIC claims. The FDIC’s letter explains that Voyager’s FDIC claims are false and misleading, and the entity […]
Embattled crypto exchange platform Voyager Digital is rejecting FTX’s early buyout offer, according to new court documents. Voyager filed for bankruptcy earlier this month, citing a massive $650 million loan default by the troubled crypto hedge fund Three Arrows Capital. On Friday, crypto exchange FTX and trading firm Alameda Research published a plan that would provide […]
The post Embattled Crypto Firm Voyager Dismisses FTX’s Early Cash-Out Proposal, Says Offer ‘Highly Misleading’ at Best appeared first on The Daily Hodl.
