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Voyager
Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
The burned tokens equate to around 30% of the total supply.
How Crypto Bankruptcies are Playing Out in U.S. Courts
Bitcoin (BTC)'s recent rally hasn't seen these levels since last May, just before the crypto industry faced a series of crypto bankruptcies that included FTX, Voyager and Celsius. Brown Rudnick LLP partner Robert Stark, along with Vanderbilt Law School Professor and Associate Dean Yesha Yadav join CoinDesk's State of Crypto 2023 event in Washington, D.C. to discuss how crypto bankruptcies are playing out in U.S. courts.
FTX Bankruptcy Claims Market Is 'Extremely Active,' 117 Partners CEO Says
117 Partners CEO and founder Thomas Braziel compares the market activity for FTX's bankruptcy claims versus other bankrupt crypto exchanges, like Celsius and Voyager. "Every distressed firm and their brother wants to be involved in FTX versus the other dockets," Braziel said.
Voyager Creditors Billed $5.1M for March-May by Law Firm
Latest bill brings total compensation bills to $16.4 million for bankruptcy and restructuring firm.
Voyager to Pay $1.1M Legal Fees for April
Some of the firm’s attorneys billed Voyager upwards of $150,000 for their work during the month.
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Voyager’s creditors will recover an estimated 36% of their assets – a far smaller slice of the pie than they would have received if the platform’s sale to FTX or Binance US went through.
Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Creditors can expect to receive between 40% and 65% recoveries, ideally in crypto, attorneys for the bankrupt crypto lender said in court Wednesday.
Voyager Digital Says Binance.US Sent Letter Terminating $1B Asset Buy Deal
The crypto lender said it will return value to customers via direct distribution.
U.S. Government Allows the Bulk of Voyager-Binance.US Deal to Proceed
A new court filing suggests noncontentious elements of the $1 billion deal could go ahead even before an appeal is heard.
Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say
Voyager Digital's creditors stand to lose $100 million if delays caused by government objections to Binance.US' deal to buy Voyager drag on.
