Bankrupt Crypto Lender Voyager Digital Hopeful to Provide 35 Percent Customer Payout

Bankrupt Crypto Lender Voyager Digital Hopeful to Provide 35 Percent Customer Payout

ByNews Polite

Crypto lender Voyager Digital said Wednesday that customers will recover about 35 percent of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US. US Bankruptcy Judge Michael Wiles approved Voyager’s proposed liquidation plan at a court hearing in Manhattan on…

Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud

Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud

ByNews Polite

Singapore has launched a probe into the Hodlnaut crypto lender to investigate its operations. The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut…

Crypto Lender BlockFi Pauses Withdrawals Amid FTX, Alameda Research Liquidity Crisis

Crypto Lender BlockFi Pauses Withdrawals Amid FTX, Alameda Research Liquidity Crisis

ByNews Polite

Crypto lending firm BlockFi has announced that it was “not able to operate business as usual,” citing a lack of clarity regarding FTX, FTX.US, and Alameda Research as the reason. The leading cryptocurrency lending platform says that until there is clarity, it will be limiting activity including pausing withdrawals. It…