Voyager has announced their decision to temporarily suspend trading, deposits, withdrawals, and loyalty rewards, effective at 2:00 PM EDT July 1. This follows Voyager’s previous announcement that its subsidiary, Voyager Digital LLC, issued a notice of default to Three Arrows Capital for failure to make the required payments on its previously disclosed loan of 15,250 BTC and $350 million USDC.
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Notice from Voyager: https://www.investvoyager.com/blog/voyager-update-july-1-2022/
Twitter: https://twitter.com/investvoyager/status/1542947505662484481?s=21&t=h4seXeYg6veln4OihWchMw
Thread from CEO of Voyager: https://twitter.com/ehrls15/status/1542943887899123718?s=21&t=ZuQeKL76i7HjhpJ-3AjVfA
Article from CNBC: https://www.cnbc.com/2022/07/01/voyager-digital-suspends-all-trading-deposits-and-withdrawals-.html
Voyager secured loans from Alameda research to safeguard assets approximately two weeks ago: https://www.coindesk.com/business/2022/06/17/voyager-digital-secures-loans-from-alameda-to-safeguard-its-assets/
Three Arrows Capital files for bankruptcy: https://www.bloomberg.com/news/articles/2022-07-01/crypto-hedge-fund-three-arrows-files-for-chapter-15-bankruptcy