Voyager Digital Unable to Recover Debt from 3AC Files for Bankruptcy

Crypto trading platform Voyager Digital, which is known to have had troubled days with the sharp decline of cryptocurrencies, has filed for bankruptcy.

Crypto company Voyager, US bankruptcy law exercising the rights of section 11 He willingly filed for bankruptcy.

The company, which entered an even more troublesome process by not being able to repay the debts it gave to Three Arrow Capital (3AC), has increased its daily withdrawal limit for its users in the past weeks. He had it down to $10,000.

A few days later, he made another statement. withdrawing, depositing and stopping trading Explaining Voyager, “It was a difficult decision, but considering the current market conditions, we think it was the right decision.” he said.

The company, which issued a notice of default to Three Arrows Capital after failing to pay its receivables, a few days before issuing the notice. meet liquidity needs for Alameda Researchfrom 200 million dollars and 15,000 Bitcoins He stated that he got a loan.

of Voyager Digital more than 100,000 more creditors and in total $1 to $10 billion is thought to exist among them.

The fall of cryptocurrencies, which started with the Terra USD collapse, affected many crypto money companies badly. Celcius, Voyager Digital and Three Arrows Capital Big companies like cryptocurrencies got into big trouble with the decline of cryptocurrencies and bankruptcy by not being able to pay its debts they came.

3AC filed for bankruptcy on July 2 and He had sought protection from creditors from US courts.

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