The Daily Hodl
2022-07-06 22:01:43

Voyager Files for Chapter 11 Bankruptcy After Big Debt Default From Crypto Hedge Fund Three Arrows Capital

Embattled crypto brokerage Voyager Digital is filing for chapter 11 bankruptcy after a prominent borrower defaulted on a sizable loan. In a new press release, Voyager says the firm has commenced a restructuring process after crypto hedge fund Three Arrows Capital (3AC) failed to pay back a loan worth about $650 million. Voyager Digital CEO […]The post Voyager Files for Chapter 11 Bankruptcy After Big Debt Default From Crypto Hedge Fund Three Arrows Capital appeared first on The Daily Hodl.

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