Voyager users might not get all of their funds back because the crypto lending company has declared bankruptcy, Bloomberg News reported. According to the filing, Voyager expects its users’ funds to be impaired during bankruptcy. Account holders are unlikely to get a full refund of their deposits because the company could be restructured or sold….
A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported. According to the report, Teneo Restructuring has been mandated to handle 3AC’s restructuring. Earlier in the week Voyager Digital issued 3AC with a notice of default after failing to…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! According to the company’s announcement, the credit facility will be used to safeguard customer assets in light of current market volatility and only “if needed.” The market volatility threatening Voyager originated from Three Arrows Capital, an investment fund that took out…