The crypto broker could issue a notice of default if 3AC defaults on repaying its loan. Voyager expects to begin allowing access to the Voyager app solely for cash withdrawals beginning on August 11. 22-10943(MEW) VOYAGER DIGITIAL LTD. Case No. In their filed motion, creditors opposed the retention plan and all the relief grants likely to fall within. First-Day Pleadings. Dear Creditor: The above-named Debtors filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code. On July 5, 2022, Voyager Digital Holdings, Inc. and certain affiliates filed for chapter 11 bankruptcy in the Southern District of New York. For the latest information on Voyagers restructuring, please visit our blog. Updated Jun 27, 2022 at 12:47 p.m. PDT. Voyager Digital Holdings, Inc. COURT New York Southern Bankruptcy Court CASE NUMBER 1:2022bk10943 TYPE / CHAPTER Voluntary / 11 Actions Subscribe to this case Filed 7-5-22 Updated 7-6-22 Last Checked 7-29-22 Assets Liabilities Docket Case Info rmation Creditors Parties Nearby Cases Docket Last Updated Jul 6, 2022 Last Entry Filed Jul 6, 2022 Opinions belong to contributing authors, not to Voyager Digital LLC or any of its subsidiaries or affiliates. The US Bankruptcy Court in New York has given crypto firm Voyager Digital Holdings Inc the approval to return $270 million in customer cash, the Wall Street Journal reported on Thursday. On August 18, 2022 Voyager Digital filed its Schedules of Assets and Liabilities (the Schedules), which include account holdings as of July 5, 2022.Approximately 7-10 days after the documents are filed, Voyager account holders will receive a personalized email from Stretto containing a Notice of Claims Bar Date. 22-10945 (MEW) Joint Administration Pending. 22-10943. Sam Bankman-Fried, head of trading platform FTX and asset management firm Alameda Research, has conceded that a US$70mln line of credit to bankrupt crypto lender Voyager Digital (CSE:VYGR, OTCQX:VYGVF) is effectively a write-off for FTX.. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. For inquiries contact Joe Rotunda, Director of Enforcement, by email at [email protected] or by telephone at 512-305-8392. Opinions belong to contributing authors, not to Voyager Digital LLC or any of its subsidiaries or affiliates. 500 Davis Street Ste 800 Evanston, IL 60201. While it appears the FDIC insures Voyagers USD, the platforms crypto holdings are a different story. Voyager Digital Holdings, Inc., along with its two affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on July 5, 2022. Case Number: 22-10943 (MEW) Southern District of New York. NASA's Voyager 1 and 2 spacecrafts have been exploring space since 1977, and they continue to enlighten scientists to this day. Crypto brokerage and lender Voyager Digital filed for bankruptcy proceedings on 6 July 2022 after the now-defunct crypto hedge fund Three Arrows Capital (3AC) defaulted on a loan worth over $650m.. Account holders at Voyager are deeply concerned about whether they will ever see their crypto holdings again. I was able to locate mine without issue. 7 Times Square 16th Floor New York, NY 10036 Voyager Digital bankruptcy court proceedings and financial documents show a complex relationship between the company and Sam Bankman-Fried's crypto firms. Voyager Digital Holdings, Inc. Special Committee Looks to Engage Quinn Emmanuel to Investigate $650mn of Loans Made to 3AC in March 2022. by New Generation Research on July 25, 2022. Voyager Digital Holdings, a centralized crypto lender, has rejected a buyout offer from FTX and its investment arm Alameda, calling it a "low-ball" offer. Voyager offers a secure way to trade over 100 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 40 cryptocurrencies. Cryptocurrency Broker Voyager Digital Holdings recently revealed that its exposure to struggling crypto hedge fund Three Arrows Capital (3AC) is valued at over $650 million in bitcoin (BTC) and USDC. Company profile page for Voyager Digital Holdings Inc including stock price, company news, press releases, executives, board members, and contact information Voyager Digital is planning to let customers withdraw their funds. Jun 27, 2022 at 5:24 a.m. PDT. (Bloomberg) -- Voyager Digital Holdings filed for Chapter 11 bankruptcy in the Southern District of New York, according to a filing. Voyager Digital said its subsidiary, Voyager Digital Holdings Inc., agreed to the $200 million cash and USDC revolver--a U.S. dollar-pegged stablecoin--and a 'Notice of Response to Certain Media Statements' by KaJ Labs in the matter of Voyager Digital Holdings Inc., Voyager Digital LLC, and Voyager Digital Ltd. at the U.S. Bankruptcy Court for the Southern District of New York. We know how important it is to access your cash, and with this approval, we will soon begin processing cash withdrawals, The company wrote in its blog post. Voyager Digital Holdings, a renowned crypto lending company, has said it will resume cash withdrawals on the application over a month after halting trading, deposits, withdrawals, and loyalty rewards. 24. Its estimated liabilities and assets are each in the range of $1 billion to $10 billion, the filing showed. Speaking on Decrypts gm podcast, SBF said: We came into this knowing that these were not necessarily Opinions belong to contributing authors, not to Voyager Digital LLC or any of its subsidiaries or affiliates. 'Notice of Response to Certain Media Statements' by KaJ Labs in the matter of Voyager Digital Holdings Inc., Voyager Digital LLC, and Voyager Digital Ltd. at the U.S. Bankruptcy Court for the Southern District of New York. Voyager Digital Assets Inc., along with two of its affiliates, filed bankruptcy petitions in the Southern District of New York on July 5, 2022. On July 5, 2022, Voyager Digital Ltd. (VDL) and two of its subsidiaries, Voyager Digital Holdings, Inc. and Voyager Digital, LLC, commenced voluntary reorganization proceedings (the Chapter 11 Proceedings) pursuant to Chapter 11 of the United States Bankruptcy Code in the United Warning this file is big, and long. The debtor listed both its assets in the range of $1 billion to $10 billion. HarperCollins Publishers LLC is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan.The company is headquartered in New York City and is a subsidiary of News Corp.The name is a combination of several publishing firm names: Harper & Row, an American publishing company acquired in Voyager Digital, LLC. 22-10943 before the Honorable Michael E. Wiles in the United States Bankruptcy Court for the Under the terms of the Chapter 11 reorganization plan, customers will receive a combination of Lawyers for Voyager Digital Holdings Inc. are asking the bankruptcy court overseeing the crypto firm's Chapter 11 case to pause a lawsuit filed by investors against the company's founder and CEO Stephen Ehrlich and Mark Cuban, the owner of the Dallas Mavericks basketball team, who had promoted the firm. While it appears the FDIC insures Voyagers USD, the platforms crypto holdings are a different story. Voyager currently holds about $1.3 billion of crypto assets. Under the terms of the Chapter 11 reorganization plan, customers will receive a combination of crypto and equity in return for their existing holdings. Node is operated by Voyager Digital, LLC, a wholly owned subsidiary of Voyager Digital Holdings, Inc and Voyager Digital Ltd. 22-10943 in the U.S. Bankruptcy Court New York Southern District (the " Bankruptcy Court ") Manhattan division office. Voluntary Petitions. The general bar date has been set for 5pm ET October 3, 2022. On July 5, 2022, Voyager Digital Holdings, Inc. and two affiliated debtors (collectively, the " Debtors ") filed voluntary petitions for relief under Chapter Node is operated by Voyager Digital, LLC, a wholly owned subsidiary of Voyager Digital Holdings, Inc and Voyager Digital Ltd. Case Number: 22-10943 (MEW) Southern District of New York Voluntary Petitions First-Day Pleadings Sale Related Documents Plan & Disclosure Statement Schedules & Statements Adversary Proceedings Search Court Docket Search Claims FAQs Download All FAQs Expand All Frequently Asked Questions Find the latest stock market trends and activity today. Notice of Hearing filed against Voyager Digital Ltd., Voyager Digital Holdings, Inc., and Voyager Digital, LLC Apr 12 2022 The Notice of Hearing was filed at the State Office of Administrative Hearings. On July 5, 2022 (the " Petition Date ") Voyager Digital Holdings, Inc. filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices. Sale Related Documents. Voyager currently holds about $1.3 billion of crypto assets. Voyager insists that the FTX actions are not value-maximizing and potentially harm customers.. SEDAR Filings Voyager Digital Holdings, a centralized crypto lender, has rejected an offer from FTX and its investment arm, Alameda Ventures to purchase its digital assets. Defendants/Respondents: Voyager Digital, LLC; Voyager Digital Ltd.; Voyager Digital Holdings, Inc. July 5, 2022 Voyager Digital Holdings, Inc. and two affiliated debtors (Toronto Stock Exchange (TSX); "Voyager" or the Debtors) This website will be updated when further information and court materials become available. Voyagers attorney submitted a letter of rejection in court on July 24. Voyager Labs to showcase its cutting-edge AI-powered investigation tools at the upcoming Credence Security Middle East Roadshow 2022. Plan & Disclosure Statement. On July 5, 2022, Voyager Digital Holdings, Inc. and two affiliated debtors (collectively, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.The Debtors' bankruptcy cases are jointly administered under Case No. Suvashree Ghosh, Bloomberg News. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Voyager Digital Holdings, Inc. filed a joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on July 6, 2022. This website will be updated when further information and court materials become available. The Mavericks on Oct. 28 of last year announced a five-year partnership with Voyager giving fans a $100 reward to trade crypto on Voyager for a limited time if they deposited $100 and traded just $10. Node is operated by Voyager Digital, LLC, a wholly owned subsidiary of Voyager Digital Holdings, Inc and Voyager Digital Ltd. This will show what Voyager is claiming on your behalf. We use cookies to keep Voyager sites reliable and secure, detect and prevent fraud, personalizing content and ads, analyze technical and navigational information to better understand how our products and services are being used. Posted by 5 days ago. The Debtor's case was assigned case no. The best way to locate your account number is searching your holdings by an odd amount of coins and then compare the other holdings in your portfolio. Voyager Digital is among those crypto firms who had the worst hits of recent crypto winter. Schedules & Statements. On July 5, 2022, Voyager Digital Ltd. (VDL) and two of its subsidiaries, Voyager Digital Holdings, Inc. and Voyager Digital, LLC, commenced voluntary reorganization proceedings (the Chapter 11 Proceedings) pursuant to Chapter 11 of the United States Bankruptcy Code in the United 'Notice of Response to Certain Media Statements' by KaJ Labs in the matter of Voyager Digital Holdings Inc., Voyager Digital LLC, and Voyager Digital Ltd. at the U.S. Bankruptcy Court for the Southern District of New York. On July 5, 2022, Voyager Digital Holdings, Inc. and two affiliated debtors (collectively, the " Debtors ") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. Parties, docket activity and news coverage of federal case Voyager Digital Holdings, Inc., case number 1:22-bk-10943, from New York Southern Court. Voyager Announces Coinify Sale. Under this plan, accountholders will probably not recover 100% of their money. Voyager Digital Holdings, Inc., et al. New York. On July 5, 2022, Voyager Digital Holdings, Inc. and two affiliated debtors (Toronto Stock Exchange (TSX); Voyager or the Debtors) filed for Documents: 06/03/22 Desist and Refrain Order (PDF) About the Licensee status. Close. Voyager currently holds about $1.3 billion of crypto assets. Cryptocurrency brokerage Voyager Digital Holdings Inc. filed for Chapter 11 protection in New York court July 5, saying it was experiencing a run on the bank at Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. Voyager Digital Holdings, Inc., et al. The cases are pending before the Honorable Michael E Wiles and jointly administered under Case No. As per the plan filed, Administrative Claims, Professional Fee Claims, and Priority Tax Claims shall be paid full in payment full in Cash. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter demanding that the crypto brokerage firm Voyager Digital cease and desist from making false and misleading statements regarding its FDIC deposit insurance status and take immediate action to correct any such prior statements. Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink: VYGVQ) (FRA: UCD) today announced that European Holdings ApS, an indirect wholly-owned subsidiary of Voyager, agreed to sell all of its equity interests in Coinify ApS ("Coinify") to Ascension ApS, an entity owned by certain members of Coinify management, for US$2 million Voyager Digital Holdings, Inc., et al. Section 1102(b) of the Bankruptcy Code On July 1, 2022, Voyager announced it was temporarily suspending all trading, deposits, withdrawals and loyalty awards. VOYAGER DIGITAL HOLDINGS, INC. Case No. License or Case Number: Date of Initial Action: 06/03/22. The proposed plan would give accountholders (1) whatever crypto coins remain in Voyagers possession, roughly $1.3 billion (2) new equity in a reorganized Voyager (3) any amount of the recovered loan from 3AC, and (4) VGX coins, a digital currency created by Voyager. Shareholders of Toronto Stock Exchange (TSX) 22-10944 (MEW) VOYAGER DIGITIAL, LLC Case No. Voyager Digital Holdings, Inc. (Voyager) is a cryptocurrency company, unlicensed in Vermont, that offers its customers interest-bearing crypto accounts. Committee of unsecured creditors at the Voyager Digital Holdings showed disagreement with the proposal.