Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its assets and wind down operations. The announcement came 10 days after Binance.US walked away from a plan to purchase Voyager for $1...
Crypto exchange Binance.US has terminated its agreement to purchase bankrupt crypto firm Voyager Digital. The move comes just days after federal regulators dropped their ongoing efforts to halt the deal. The exchange gave no explanation for its decision in a court filing from Tuesday (April...
Fearing prosecution, Binance reportedly created its U.S. platform as a shield from regulators. That’s according to a lengthy Sunday (March 5) report by The Wall Street Journal (WSJ), citing internal documents and messages and interviews with former employees of the world’s largest cryptocurrency company. The...
Binance.US continues to have a bumpy road in its efforts to acquire Voyager Digital. The cryptocurrency trading platform — which is a separate entity from Binance Holdings but like that organization is majority owned by Changpeng Zhao — has faced criticism from United States regulators...
November 16, 2021
“We live in a digital money world.” Steve Ehrlich, CEO at cryptocurrency platform Voyager Digital, told Karen Webster that as cash use dwindles, and as consumers use credit and debit cards to move money electronically, the stage is being set for a wider embrace of cryptocurrencies for everyday spending. The desire to do so is […]
August 01, 2023
Bankrupt crypto lender Voyager Digital Holdings has reported a possible breach, revealing the difficulties of protecting customers from online scammers. The firm’s lawyer, Darren Azman, reported the possible breach during a U.S. Bankruptcy Court hearing, Bloomberg reported Tuesday (Aug. 1). The potential breach occurred as the company was allowing customers to recover their money as part of its […]
May 07, 2023
Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its assets and wind down operations....
April 25, 2023
Crypto exchange Binance.US has terminated its agreement to purchase bankrupt crypto firm Voyager Digital. The move comes just days after federal regulators dropped their ongoing efforts to halt the deal....
March 05, 2023
Fearing prosecution, Binance reportedly created its U.S. platform as a shield from regulators. That’s according to a lengthy Sunday (March 5) report by The Wall Street Journal (WSJ), citing internal...
