Voyager Customers With Frozen Savings on ‘Edge of Seat’ Ahead of Auction
Retirement money, down payments for homes and kids’ college tuition are locked up in bankrupt digital currency broker as potential bidders emerge.
Customers with their life savings frozen on the insolvent crypto platform Voyager Digital Ltd. are looking to a bankruptcy auction Tuesday for clues on whether or not they’ll finally get their assets back.
Voyager users have been unable to access their cryptocurrencies since July 1, when the meltdown in digital assets forced the company to suspend trading, deposits and withdrawals. Now, Voyager has attracted enough interest from potential buyers to necessitate an auction. And while a higher sale price is a potentially positive sign for customers, it’s still unclear how much money they’ll ultimately recover.