# Voyager Digital

ALL From Voyager Digital

Crypto Evening Briefing: Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance, which is the first time since February that the difficulty has decreased.

Voyager Digital Provides Update on Reimbursement Plan for Creditors

Voyager Digital, the now-defunct crypto lender, has informed creditors that they can expect to receive their initial cash and crypto distributions "within the next few weeks." This update comes after Binance's withdrawal from the Voyager Digital deal on April 25. Voyager Digital has been navigating the bankruptcy process in the Southern District of New York to reimburse creditors after Binance US backed out of the deal. Voyager Digital says that it is making progress and is finalizing everything internally to make distributions to creditors. However, parties will have ten full days to object to the plan, and if an objection is filed, the court will hold a hearing to consider the objection before the plan can go into effect. The news of Voyager Digital's plan to reimburse creditors has been met with mixed reactions.

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.

Voyager Digital to Returning Customer Funds in Coming Weeks as Part of Bankruptcy Proceedings

The Voyager Official Committee of Unsecured Creditors has announced that they are in the final stages of finalizing Liquidation Procedures.

Voyager Intends to Start Returning Customer Funds in Coming Weeks

Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s unsecured creditor committee said on May 4.

3.1 Trillion Shiba Inu at Serious Selloff Risk

Binance.US has backed out of a deal to acquire bankrupt Voyager's assets, including over 3.1 trillion Shiba Inu tokens, leaving them at risk of a selloff. Binance.US cited growing regulatory uncertainty surrounding the crypto scene in the United States for its decision, despite a court giving the go-ahead for the acquisition. The termination of the acquisition deal indicates that Voyager will continue to liquidate its crypto holdings as initially intended in an attempt to raise liquid funds to make affected customers whole. These holdings include a 3.1 trillion Shiba Inu balance in one of its wallets. It remains to be seen how this systematic dump will affect the market, although market participants believe the impact will be minimal or nonexistent.

Voyager Sold Over 120 Million VGX Tokens for $51 Million Since February

April 26 (Cointime) - According to 0xScope Protocol, Voyager has sold 124.5M $VGX with an average price of $0.41 since February, totaling about $51 million.

Binance.US Cites ‘Hostile’ Regulator, Yanks US$1.3 Billion Deal To Buy Voyager Digital

Binance.US has pulled out of a US$1.3 billion deal to buy bankrupt crypto lender Voyager Digital, the company said Tuesday, citing a lack of clear regulations in the country for the crypto industry.

Binance.US Blames Hostile Regulatory Climate in US for Termination of Voyager Asset Purchase Agreement

Voyager reportedly has approximately $1.04 billion in assets available for liquidation.

Voyager Digital Receives Notice of Termination from Binance.US, Has $1.04 Billion in Assets Available for Liquidation

Voyager has received a Notice of Termination from Binance.US, terminating the $1 billion acquisition deal between Voyager and BinanceUS.