Voyager Digital


Videos

Alleged Tornado Cash Developer Must Stay in Jail; Judge Approves Voyager Paying 'Retention' Bonuses

Alexey Pertsev, accused of facilitating money laundering via now-sanctioned Tornado Cash, must stay in jail for at least 90 more days, a Netherlands judge ruled Wednesday. Crypto-focused venture capital firm Electric Capital has named former SEC Chairman Jay Clayton as an adviser, according to Bloomberg. A U.S. federal judge ruled crypto lender Voyager Digital, which is undergoing bankruptcy proceedings, can pay more than 30 employees a collective $1.6 million as a "retention" award.

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Policy

Crypto Lender Voyager Can Pay Employees 'Retention' Bonuses, US Judge Rules

Judge Michael Wiles also agreed to withhold the names and titles of the employees who may receive the bonuses.

Voyager CEO Steve Ehrlich (right) with Robert Dykes of Caspian at Consensus 2019 (CoinDesk)

Videos

Breaking Down Fed’s Guidance for Crypto Banks to Tap Central Banking System

The U.S. Federal Reserve announced last week it is publishing its final guidance for novel financial institutions to access its “master accounts” and participate in the global payment system. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto banks and regulation.

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Policy

Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender

Voyager wanted $1.9 million to pay bonuses to 38 employees it called "essential" to its continued operation.

Voyager CEO Steve Ehrlich at Consensus 2019. (CoinDesk)

Finance

Crypto Lender Voyager Digital to Reopen Cash Withdrawals Next Week

The company, which is undergoing bankruptcy proceedings, received court approval for the $270 million plan on Thursday.

Voyager Digital CEO Steve Ehrlich gives a thumbs-up at Bitcoin Miami in April of 2022. (Danny Nelson/CoinDesk)

Finance

Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report

The company last week rejected FTX’s proposal to purchase its assets and offer early liquidity to its customers.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Markets

Want to Strike Terror in Crypto Markets in 2022? Just Say You’re Suspending Withdrawals

Voyager's and Celsius’ bankruptcies were preceded by announcements that they were barring customers from getting their money.

(Creative Commons)

Layer 2

Is FTX Proposal Offering Voyager Customers a Good Deal? One Bankruptcy Expert Weighs In

Thomas Braziel, a partner at investment firm 507 Capital, joined CoinDesk TV’s “First Mover” to discuss whether customers are getting the best deal from crypto trading platform FTX and why it could be best for Voyager Digital to weigh its options.

(Kenny Eliason via Unsplash)

Videos

Market Bottom Being Tested? Zipmex In Buyout Talks

Silvergate CEO warns crypto market pain will continue, but still bullish on Bitcoin lending. DeFi total value locked plunged 67% in Q2. Zipmex in talks with potential buyers. FTX proposes liquidity plan for Voyager Digital customers. FTX reportedly in talks to buy South Korean crypto exchange Bithumb.

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Finance

Failed Lender Voyager: ‘No Customer Will Be Made Whole’ Under FTX Proposal

FTX CEO Sam Bankman-Fried said his firm's offer would give Voyager customers back 100% of the remaining assets, while Voyager’s lawyers argue that it only benefits FTX.

Sam Bankman-Fried on CoinDesk TV (CoinDesk TV screenshot)