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Voyager Seeks Bankruptcy as Crypto Mogul’s Lifeline Fails

  • Sector’s woes deepen as Voyager Digital files for Chapter 11
  • Filing lists Alameda as main creditor with $75 million loan
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Voyager Seeks Bankruptcy as Bankman-Fried Lifeline Fails
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Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to. 

The firm and two affiliates, Voyager Digital LLC and Voyager Digital Holdings, took the step in the Southern District of New York, a filing showed on Wednesday.