Crypto lender Voyager Digital says it plans to 'restore access' to its customers’ cash deposits on Aug. 11.
Crypto-lender Voyager Digital said Friday it plans to"restore access" to cash deposits on Aug. 11, the company's first step in returning up to $270 million in fiat currency to its customers., gained court approval Thursday to honor customers' dollar withdrawal requests from Metropolitan Commercial Bank, where Voyager had a deposit account. In a blog post, Voyager said it could take 5 to 10 days to process return requests.
Voyager, which is helmed by CEO Steve Ehrlich, filed in July for bankruptcy protection after suffering massive losses stemming from theand the broader crypto-market downturn. Its customers had lent it billions of dollars in crypto assets. Those tokens remained locked up for now. In the blog post, Voyager said it is"pursuing a standalone restructuring process" in an effort to"maximize the value of crypto on the platform."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Bitcoin NewsThe now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers.
Weiterlesen »
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and BattlesAlex Mashinsky promised revolutions in long-distance calling, airport rides and, most recently, crypto. Celsius, his crypto lending firm, filed for bankruptcy protection last month.
Weiterlesen »
Bloomberg Crypto: Who and How To Regulate Crypto on Apple Podcasts🎧 Who is planning on regulating the digital asset industry? And what would that even look like? Bloomberg’s Allyson Versprille joins Crypto to discuss the latest in US Crypto regulation Apple: Spotify:
Weiterlesen »
Solana-hacked crypto could be claimed as a tax loss: ExpertsExperts at CryptoTaxCalculator and Koinly told Cointelegraph that crypto lost via a hack or exploit could be declared as a loss for tax purposes.
Weiterlesen »
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin NewsKosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining.
Weiterlesen »
Coinbase and BlackRock to Give Institutional Investors Greater Access to Crypto | CoinMarketCapIs this Coinbase and BlockRock partner as big a deal as we think it is? 👀 Coinbase stock seems to think so — it's up over 30% on the week following the news
Weiterlesen »