#BIG_TECH | #International_Tech_News
#Voyager_Digital has filed for #Bankruptcy.
The company had already #suspended_trading and #withdrawals for customers.
#Exposure to #failed crypto #hedge_fund #Three_Arrows_Capital was a factor.
Crypto broker Voyager Digital has filed for bankruptcy #protection, days after suspending all trading and withdrawals on its service.
Voyager announced late Tuesday that it had filed for #Chapter_11 #bankruptcy in New York federal court.
The company said prolonged #volatility in the #crypto_markets and the default by Three Arrows Capital on a $666 million loan from Voyager *required #decisive_action.
https://www.protocol.com/bulletins/voyager-digital-files-bankruptcy
Disclaimer: https://tastingtraffic.net (Decentralized SOCIAL Network) and/or its owners [http://tastingtraffic.com]