Cryptocurrency bank Voyager Digital suspends withdrawals and deposits

This decision gives us additional time to continue exploring strategic alternatives with multiple stakeholders (Image: Unsplash/Kanchanara)

the bank of cryptocurrencies Voyager Digital said on Friday that it had suspended withdrawals, trading and deposits on its platform, days after the company issued a notice to hedge fund Three Arrows Capital (3AC) for non-payment of a loan.

“This decision gives us additional time to continue exploring strategic alternatives with multiple stakeholders while preserving the value of the Voyager platform we built together,” Voyager Chief Executive Stephen Ehrlich said in a statement.

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Source: Moneytimes

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