- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Voyager Digital
Will All FTX Creditors Get Their Funds Back in Cash? Gronk to Pay $1.9M for Crypto Investor Suit
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bankrupt exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims in cash. Plus, NFL legend Rob Gronkowski will pay $1.9 million to settle claims brought by former customers of Voyager Digital. And, U.K. Economic Secretary speaks up about stablecoin and staking legislation.
Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit
The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender.
Voyager Token Jumps Last Week as $7.3M Worth of VGX Sent to Burn Address
The native token of bankrupt crypto brokerage firm Voyager Digital, VGX, surged by 20% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens worth $7.3 million to a burn address. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
The burned tokens equate to around 30% of the total supply.
Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims
Former Voyager Digital CEO Steve Ehrlich is facing complaints from the Federal Trade Commission and Commodity Futures Trading Commission, which also used the case to reinforce its view of USDC as a commodity.
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-Binance.US Legal Dispute Must Be Settled by April 13: Court Documents
Voyager Digital and its creditors stand to lose $100 million if legal objections brought by the U.S. government aren't resolved by April 13, according to documents filed in court late Monday night. CoinDesk Regulatory Reporter Jack Schickler explains why this week is "crunch time" for the Binance.US-Voyager deal.
First Mover Americas: Bitcoin's Within Range of $30K
The latest price moves in crypto markets in context for April 3, 2023.
