Bankrupt Company Moves These 2 Altcoins to Exchanges! – Cryptokoin.com

This altcoin is part of $28.7 million worth of crypto sent to BinanceUS and Coinbase by the recently bankrupt brokerage house. cryptocoin.com We have compiled the details of these crypto money transfers for you.

These 2 altcoins are being transferred to exchanges

Bankrupt crypto brokerage firm Voyager recently transferred $28.7 million in cryptocurrencies to Coinbase and Binance US. 250 billion Shiba Inu tokens worth $3.4 million were sent to Coinbase.

The development came amid the most recent market-wide recovery that led to a 5.66% rise in the price of the Shiba Inu and reclaimed the $0.00137 region currently trading at $0.001371.

According to blockchain security resource PeckShield, the latest move from Voyager also included 15,000 Ethereum (ETH) worth $25.3 million transferred to Coinbase and BinanceUS.

Bankrupt company continues transfers

Data from Etherscan reveals that the SHIB transfer to Coinbase took place yesterday at 21:09 (UTC). Shortly after this move, the bankrupt broker sent 10,000 ETH tokens worth $16.9 million to Binance USA at 21:46 (UTC).

The last transaction involved the transfer of 5,000 ETH to Coinbase a few seconds later. Voyager still has 1.6 trillion SHIB ($23.5 million) at press time, making it the second largest asset in the wallet.

It is worth noting that Voyager made similar transfers to Binance US and Coinbase the previous day. Voyager sent 7,000 ETH to two US exchanges on February 14, with 6,000 ETH going to Binance USA and 1,000 ETH to Coinbase. It should be noted that Voyager received 105,000 ETH from FTX last September, two months before the collapse of FTX.

Earlier this month, three SHIB transactions were reported from Voyager to Kraken, Coinbase and Binance US. The transfers included a cumulative amount of 270 billion Shiba Inu. There is limited information about the purpose of these transfers.

Voyager’s deal with Binance USA

Voyager’s affiliation with Binance USA is no secret among crypto advocates. The American exchange struck a deal to buy Voyager’s assets last December, after the bankrupt broker’s previous deal with FTX was void following the FTX explosion. Last month, a US judge gave Voyager the green light to sell its assets to Binance USA, despite the SEC’s initial objection.

Bankrupt Company Moves These 2 Altcoins to Exchanges!

As the acquisition deal comes a few steps closer, reports last Thursday suggested that Binance US and Voyager are devising a scheme to allow Voyager customers to withdraw their holdings through their Binance US accounts. As explained in a court filing, both parties expect payments to begin in March, but customers may not be able to get all their assets back.

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