Article 61458 Cryptocurrency broker Voyager Digital files for bankruptcy protection

Cryptocurrency broker Voyager Digital files for bankruptcy protection

by
Dan Milmo Global technology editor
from Technology | The Guardian on (#61458)

US firm latest victim of digital asset slump, blaming move on volatility and contagion' in crypto markets

A US cryptocurrency broker and lender has filed for bankruptcy protection, becoming the latest domino to fall in the embattled digital asset market.

Voyager Digital had suspended all withdrawals and trading last week but said volatility and contagion" in the crypto markets had forced it into a Chapter 11 filing, which shields a business from creditors while it explores strategic alternatives.

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