Tag: Voyager Digital Holdings

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NBA Faces Class Action Lawsuit Over Voyager Digital Promotion

A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor losses of over $4.2 billion. NBA Hit With Class Action Lawsuit Over Alleged Negligent Crypto Promotions The NBA is embroiled in…
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Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses

A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal fees were billed to the estate. Lawyers and Restructuring…
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Voyager app set to reopen for customer withdrawals as soon as June 20

Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal. Cryptocurrency brokerage Voyager Digital is preparing to reopen its app and allow customers to finally withdraw their funds — nearly one year after it filed for Chapter 11 bankruptcy. Voyager’s bankruptcy plan administrator Paul Hage…
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Voyager to return $270M in customer funds, says it received ‘better’ offers than FTX

The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now. Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buyout offers than that offered by AlamedaFTX back in July, contrary to the…
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