#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

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