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Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default

Coin Telegraph LogoCoin Telegraph1 mo ago

Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default

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The cryptocurrency exchange filed a notice of default to Singapore-based Three Arrows Capital earlier in the week, but promised it would continue operations.

It also said it had $137 million in cash and crypto on hand.

Reports emerged June 16 that 3AC had failed to meet margin calls that week.


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Article Details

Author / Journalist: Cointelegraph By Derek Andersen

Category: Crypto

Topics: Cryptocurrency Exchange Loans

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 21:43:14

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 2 minutes read

Article Length: 334 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 25980

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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