{"id":70189,"date":"2023-05-08T12:05:35","date_gmt":"2023-05-08T06:35:35","guid":{"rendered":"https:\/\/www.the-next-tech.com\/?post_type=web-story&#038;p=70189"},"modified":"2023-05-08T12:05:41","modified_gmt":"2023-05-08T06:35:41","slug":"voyage-self-liquidates-after-failing-1-billion-binance-deal","status":"publish","type":"web-story","link":"https:\/\/www.the-next-tech.com\/web-stories\/voyage-self-liquidates-after-failing-1-billion-binance-deal\/","title":{"rendered":"Voyage Self-Liquidates After Failing $1 Billion Binance Deal"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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255, 255, 1);\n                font-family: -apple-system, BlinkMacSystemFont, \"Segoe UI\", Roboto, Oxygen-Sans, Ubuntu, Cantarell, \"Helvetica Neue\", sans-serif;;\n                font-size: calc(4 * var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>Voyage Self-Liquidates After Failing $1 Billion Binance Deal<\/title><link rel=\"canonical\" href=\"https:\/\/www.the-next-tech.com\/?post_type=web-story&amp;p=70189\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"The Next Tech\" publisher-logo-src=\"https:\/\/s3.amazonaws.com\/static.the-next-tech.com\/wp-content\/uploads\/2022\/07\/22163006\/tnt_logo.png\" title=\"Voyage Self-Liquidates After Failing $1 Billion Binance Deal\" poster-portrait-src=\"https:\/\/s3.amazonaws.com\/static.the-next-tech.com\/wp-content\/uploads\/2023\/05\/08115136\/Frame-4-24.jpg\"><amp-story-page id=\"7a5eb0d4-7a32-4cab-b8e8-84bdb2ed84d7\" auto-advance-after=\"11s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#26206a\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c725a7f1-c776-4754-9dc4-65b169e3b031\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-48.78641%;top:-8.57605%;width:197.57282%;height:68.60841%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;transform:scale3d(-1, 1, 1)\" class=\"mask\" id=\"el-e9e5899d-7a88-4a91-9e5f-169d3c8dcc71\">\n<div style=\"position:absolute;width:100%;height:100.47013%;left:0%;top:-0.23507%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/mma.prnewswire.com\/media\/1605028\/Voyager_Digital__Canada__Ltd__Voyager_Digital_Completes_Historic.jpg?p=facebook\" alt=\"Voyager_Digital__Canada__Ltd__Voyager_Digital_Completes_Historic.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.13592%;top:68.93204%;width:75.48544%;height:20.71197%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6430868167202572% 0.6430868167202572% 0.6430868167202572% 0.6430868167202572% \/ 1.5625% 1.5625% 1.5625% 1.5625%\" id=\"el-8004ed29-d61c-4a5a-8240-0b957625d88d\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.32073954983922787% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.566343em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Voyager_Digital_Plans_to_Liquidate_Assets\"><\/span><span><span style=\"font-weight: 700; color: #fff599\">Voyager Digital Plans to Liquidate Assets&nbsp;<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"8574e1d6-4000-4927-834b-083cc533d9ab\" auto-advance-after=\"11s\"><amp-story-animation 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style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-21.1165%;top:-6.31068%;width:141.74757%;height:60.5178%;opacity:1\">\n<div id=\"anim-8b822492-e998-4c04-89e4-12250e62ea0d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-d86b1e06-0dd3-41e8-8fd2-806cd326b62c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -104.87225%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-76ce1ffb-4308-494f-997b-e504a899689e\">\n<div style=\"position:absolute;width:100.08688%;height:100%;left:-0.04344%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/bitcoinn-cyptocoin-price-falling-down-concept-depressed-businessman-sitting-melting-bitcoin_641940-185.jpg?w=1380\" alt=\"bitcoinn-cyptocoin-price-falling-down-concept-depressed-businessman-sitting-melting-bitcoin_641940-185.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:65.69579%;width:76.45631%;height:22.16828%;opacity:1\">\n<div id=\"anim-f8286270-f039-434f-b7c0-bb707c97f06e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-f333eee3-bb4e-41ed-a13f-94fd464a39f6\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 196.51263%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6349206349206349% 0.6349206349206349% 0.6349206349206349% 0.6349206349206349% \/ 1.4598540145985401% 1.4598540145985401% 1.4598540145985401% 1.4598540145985401%\" id=\"el-7516c3fd-df0f-4e1b-8bc1-d04dd42b0fc7\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10267857142857109% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"After_failing_to_reach_a_deal_with_either_FTX_US_or_Binance_the_bankrupt_crypto_lender_is_going_to_self_liquidate_shut_down_its_operations\"><\/span><span><span style=\"font-weight: 700; color: #a4133c\">After failing to reach a deal with either FTX US or Binance, the bankrupt crypto lender is going to self liquidate &amp; shut down it&#8217;s operations.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"3d132d57-c7b8-4608-84dc-25a7e0ff7d58\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8ec6c2d8-ecfa-4594-8c33-c5245edb9681\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:9.2233%;top:0;width:81.31068%;height:54.20712%;opacity:1\">\n<div id=\"anim-b831c403-79e2-460b-825d-cf5d9c01f991\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8320b4a2-0d76-4a15-84a4-6063f3112872\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/public.bnbstatic.com\/20190405\/eb2349c3-b2f8-4a93-a286-8f86a62ea9d8.png\" alt=\"eb2349c3-b2f8-4a93-a286-8f86a62ea9d8.png\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:58.57605%;width:75.97087%;height:26.69903%;opacity:1\">\n<div id=\"anim-efbccd50-284d-4e24-a9a8-abb1bb7f08f9\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6389776357827476% 0.6389776357827476% 0.6389776357827476% 0.6389776357827476% \/ 1.2121212121212122% 1.2121212121212122% 1.2121212121212122% 1.2121212121212122%\" id=\"el-65581991-f211-4510-b6ba-79f0b89625bb\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10333466453674087% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Few_days_back_BinanceUS_abruptly_pulled_out_of_a_1_Billion_deal_to_purchase_Voyager_Digital_assets_when_the_US_Government_intervened_and_prohibited_part_of_it\"><\/span><span><span style=\"font-weight: 700; color: #f0b90b\">Few days back&nbsp;Binance.US abruptly pulled out of a $1 Billion deal to purchase Voyager Digital assets, when the US Government intervened and prohibited part of it.&nbsp;<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"0279081a-5df7-4c13-a661-949e459ee515\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-753125d6-75c4-4cbf-ba7b-9f6235d271fa\",\"keyframes\":{\"transform\":[\"translate3d(81.69231%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-062fe514-a36e-463e-bef4-e14b5ef7a9e7\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" 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style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2a53c916-86df-482d-9155-ac50f028e774\">\n<div style=\"position:absolute;width:100%;height:100.10267%;left:0%;top:-0.05133%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-psd\/ftx-token-ftt-cryptocurrency-coin-3d-rendering-isolated_155582-7912.jpg?w=1060\" alt=\"ftx-token-ftt-cryptocurrency-coin-3d-rendering-isolated_155582-7912.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.62136%;top:68.60841%;width:74.51456%;height:22.16828%;opacity:1\">\n<div id=\"anim-63b15732-8034-4365-b4bd-0f99731549b5\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-116.93811%, 0px, 0)\">\n<div id=\"anim-4a89d5cd-6f33-4169-8aeb-8a7eb89b2c0f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-81154ab8-7753-45f0-94ce-c37384a3ed2d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6514657980456027% 0.6514657980456027% 0.6514657980456027% 0.6514657980456027% \/ 1.4598540145985401% 1.4598540145985401% 1.4598540145985401% 1.4598540145985401%\" id=\"el-13a61651-4554-4046-ae80-2c840578a761\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10535423452768695% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Voyager_digital_also_made_a_similar_deal_to_FTX_When_FTX_went_bankrupt_alongside_Voyager_in_November_the_first_contract_was_cancelled\"><\/span><span><span style=\"font-weight: 700; color: #4b1283\">Voyager digital also made a similar deal to FTX. When FTX went bankrupt alongside Voyager in November, the first contract was cancelled.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"135e5e98-12ea-4c8b-a088-1561d41d7ea1\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-82dac296-ecc8-465f-aacc-cb4f2d3338af\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-ed7ede09-8705-4faa-be02-850d4c0b24f7\",\"keyframes\":{\"transform\":[\"translate3d(0px, 91.33537%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-5379ef96-ad8e-45cd-a42a-d65cbf2b63e7\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fb29c61f-511a-45e9-beef-2a304d1cbe05\",\"keyframes\":{\"transform\":[\"translate3d(0px, -178.67265%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-27606a29-eb6a-4764-b00d-0c1679e48d80\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-2.6699%;top:44.82201%;width:105.82524%;height:70.55016%;opacity:1\">\n<div id=\"anim-82dac296-ecc8-465f-aacc-cb4f2d3338af\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-ed7ede09-8705-4faa-be02-850d4c0b24f7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 91.33537%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b968cddc-21dd-4821-9d09-9b8fafd77369\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/free-vector\/flat-business-deal-concept_23-2148122564.jpg?w=826&amp;t=st=1683525116~exp=1683525716~hmac=ba2f5f765cf1352b57c725a98c4c41c52454d27004312df48721547f42814f5e\" alt=\"flat-business-deal-concept_23-2148122564.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.13592%;top:9.70874%;width:75.48544%;height:24.11003%;opacity:1\">\n<div id=\"anim-5379ef96-ad8e-45cd-a42a-d65cbf2b63e7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-fb29c61f-511a-45e9-beef-2a304d1cbe05\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -178.67265%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6430868167202572% 0.6430868167202572% 0.6430868167202572% 0.6430868167202572% \/ 1.342281879194631% 1.342281879194631% 1.342281879194631% 1.342281879194631%\" id=\"el-cbb0dce4-5381-46cb-96ed-3f70d2e3b266\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.11304260450160772% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"The_filing_states_that_Voyagers_customers_will_receive_an_initial_recovery_of_36_of_their_crypto_holdings\"><\/span><span><span style=\"font-weight: 700; color: #ff524e\">The filing states that Voyager&#8217;s customers will receive an initial recovery of 36% of their crypto holdings.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"587f3235-1fb8-48bd-8bf6-36ac9d3487af\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-cf03990a-9af2-4a6f-8b1b-8cef5eb4d37c\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1600,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-72ed2d9a-a6bd-4f58-9f61-d5b66931c496\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":1600,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-da2a3892-1a9a-481d-a297-21144518e275\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bc9fa349-efba-4a27-994a-da47162dd123\",\"keyframes\":{\"transform\":[\"translate3d(-115.55555%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-969dbaae-0737-4c96-b786-8d7c233b93ca\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-1.69903%;top:38.1877%;width:103.8835%;height:69.25566%;opacity:1\">\n<div id=\"anim-cf03990a-9af2-4a6f-8b1b-8cef5eb4d37c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-72ed2d9a-a6bd-4f58-9f61-d5b66931c496\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8fe831c9-60ec-4ab0-840b-e1590d3db4ea\">\n<div style=\"position:absolute;width:100%;height:100.00001%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/free-vector\/calculating-loss-abstract-concept-illustration_335657-3674.jpg?w=826&amp;t=st=1683525455~exp=1683526055~hmac=b03af136ce0d55aecf14b317962d7684b068f7d74db984a982d5f662a5721f45\" alt=\"calculating-loss-abstract-concept-illustration_335657-3674.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.8932%;top:7.44337%;width:76.45631%;height:26.69903%;opacity:1\">\n<div id=\"anim-da2a3892-1a9a-481d-a297-21144518e275\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-bc9fa349-efba-4a27-994a-da47162dd123\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-115.55555%, 0px, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6349206349206349% 0.6349206349206349% 0.6349206349206349% 0.6349206349206349% \/ 1.2121212121212122% 1.2121212121212122% 1.2121212121212122% 1.2121212121212122%\" id=\"el-1a833c7f-ccde-4547-b236-7ab17d3cb367\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10267857142857109% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"The_recovery_rate_is_appallingly_small_compared_to_the_estimated_72-73_recovery_rate_if_one_of_the_two_acquisition_plans_was_successful\"><\/span><span><span style=\"font-weight: 700; color: #592253\">The recovery rate is appallingly small compared to the estimated 72%-73% recovery rate if one of the two acquisition plans was successful.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9e81d3c7-ec85-4ff4-b71d-4e211273eabd\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-0d837ff4-570f-4391-8206-7db387dde543\",\"keyframes\":[{\"transform\":\"scale(1)\",\"offset\":0},{\"transform\":\"scale(1.5)\",\"offset\":0.33},{\"transform\":\"scale(0.95)\",\"offset\":0.66},{\"transform\":\"scale(1)\",\"offset\":1}],\"delay\":0,\"duration\":1450,\"easing\":\"ease-in-out\",\"fill\":\"both\",\"iterations\":1}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-40b6ef82-0f52-47a7-8b79-ece079b9db24\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-854f6625-abff-40bf-b023-6857ecf5ea06\",\"keyframes\":{\"transform\":[\"translate3d(0px, -180.39633%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-12959d18-b293-4995-82b9-102a333c83ea\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:50%;width:76.45631%;height:50.97087%;opacity:1\">\n<div id=\"anim-0d837ff4-570f-4391-8206-7db387dde543\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(1)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6f0522fd-32a3-4a54-9643-f4bfe51ffbde\">\n<div style=\"position:absolute;width:100%;height:100.00001%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/media.licdn.com\/dms\/image\/C510BAQEhivTjj3x7-g\/company-logo_200_200\/0\/1554342282261?e=2147483647&amp;v=beta&amp;t=48a0NTr1xrtj8p28GZfHVyXfoIFcRt1jUsy28Wk43bw\" alt=\"1554342282261\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:11.16505%;width:75.97087%;height:25.40453%;opacity:1\">\n<div id=\"anim-40b6ef82-0f52-47a7-8b79-ece079b9db24\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-854f6625-abff-40bf-b023-6857ecf5ea06\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -180.39633%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6389776357827476% 0.6389776357827476% 0.6389776357827476% 0.6389776357827476% \/ 1.2738853503184715% 1.2738853503184715% 1.2738853503184715% 1.2738853503184715%\" id=\"el-f2b4a3e0-00c3-4669-a0ad-66bc31b01bdb\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.09884185303514355% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"According_to_the_filing_the_recovery_rate_could_increase_if_defunct_crypto_trading_firm_Alameda_Researchs_quest_to_recoup_446_million_from_Voyagers_estate_fails\"><\/span><span><span style=\"font-weight: 700; color: #800f2f\">According to the filing, the recovery rate could increase if defunct crypto trading firm Alameda Research&#8217;s quest to recoup $446 million from Voyager&#8217;s estate fails.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"0fea08ef-78c0-4e10-8910-412aa5dfdd01\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b7b0fe9d-1495-4c55-b5d0-6ae3a99195c2\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":200,\"duration\":1400,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-130cebf8-94b2-4819-806d-9381bda9d0d0\",\"keyframes\":{\"transform\":[\"translate3d(0px, 216.45130%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":200,\"duration\":1400,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 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style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ef0330ad-8acb-462e-8190-67ba584ea627\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:12.37864%;top:64.07767%;width:75.48544%;height:20.87379%;opacity:1\">\n<div id=\"anim-b7b0fe9d-1495-4c55-b5d0-6ae3a99195c2\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-130cebf8-94b2-4819-806d-9381bda9d0d0\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 216.45130%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-8f6038cc-4a73-4a65-96a2-c66e1c97c8bb\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6908159163987139% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Voyagers_attorneys_retain_an_additional_2596_million_dollars_for_litigation_fees_and_administrative_claims_and_various_holdbacks\"><\/span><span><span style=\"font-weight: 700; color: #3a566e\">Voyager\u2019s attorneys retain an additional 259.6 million dollars for litigation fees and administrative claims, and various holdbacks.&nbsp;<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-32.76699%;top:-9.2233%;width:142.23301%;height:59.2233%;opacity:1\">\n<div id=\"anim-e5d4c658-bda1-4e78-a99a-f574519f85b7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-05bef114-37e9-4ef7-bb30-3e5b1c6aded2\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -100.06072%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;transform:scale3d(-1, 1, 1)\" class=\"mask\" id=\"el-221a1626-3d7e-445b-b37c-ea5de761635a\">\n<div style=\"position:absolute;width:100%;height:100.06831%;left:0%;top:-0.03415%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.cryptotimes.io\/wp-content\/uploads\/2023\/04\/Voyager-binance.jpg\" alt=\"Voyager-binance.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Voyager creditors are expected to recover 36% of assets a much smaller share than they would receive if the sale of the platform had gone 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Assets&nbsp;<\/span>","borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"x":50,"y":426,"width":311,"height":128,"id":"8004ed29-d61c-4a5a-8240-0b957625d88d"}],"backgroundColor":{"color":{"r":38,"g":32,"b":106}},"type":"page","id":"7a5eb0d4-7a32-4cab-b8e8-84bdb2ed84d7"},{"elements":[{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"x":1,"y":1,"width":1,"height":1,"mask":{"type":"rectangle"},"isBackground":true,"isDefaultBackground":true,"type":"shape","id":"56024cd2-032c-43be-8e51-3551127748ce"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"scale":100,"focalX":50,"focalY":50,"resource":{"type":"image","mimeType":"image\/jpeg","width":1380,"height":883,"sizes":[],"isPlaceholder":false,"isExternal":true,"needsProxy":true,"src":"https:\/\/img.freepik.com\/premium-vector\/bitcoinn-cyptocoin-price-falling-down-concept-depressed-businessman-sitting-melting-bitcoin_641940-185.jpg?w=1380","id":"7566a3a6-324c-4326-b257-53451dd6da97","alt":"bitcoinn-cyptocoin-price-falling-down-concept-depressed-businessman-sitting-melting-bitcoin_641940-185.jpg","baseColor":"#bdd4e9"},"type":"image","x":-87,"y":-39,"width":584,"height":374,"mask":{"type":"rectangle","showInLibrary":true,"name":"Rectangle","path":"M 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FTX US or Binance, the bankrupt crypto lender is going to self liquidate &amp; shut down it's operations.<\/span>","borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"x":48,"y":406,"width":315,"height":137,"id":"7516c3fd-df0f-4e1b-8bc1-d04dd42b0fc7"}],"backgroundColor":{"color":{"r":189,"g":211,"b":232}},"type":"page","id":"8574e1d6-4000-4927-834b-083cc533d9ab","animations":[{"id":"cb1f0338-fce2-4516-a3ee-078c808c7b54","type":"effect-fly-in","targets":["76ce1ffb-4308-494f-997b-e504a899689e"],"flyInDir":"topToBottom","duration":1500,"delay":0},{"id":"63d65be8-00b9-4832-a344-76da24ba154a","type":"effect-fly-in","targets":["7516c3fd-df0f-4e1b-8bc1-d04dd42b0fc7"],"flyInDir":"bottomToTop","duration":1500,"delay":0}]},{"elements":[{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"x":1,"y":1,"width":1,"height":1,"mask":{"type":"rectangle"},"isBackground":true,"isDefaultBackground":true,"type":"shape","id":"8ec6c2d8-ecfa-4594-8c33-c5245edb9681"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"scale":100,"focalX":50,"focalY":50,"resource":{"type":"image","mimeType":"image\/png","width":512,"height":512,"sizes":[],"isPlaceholder":false,"isExternal":true,"needsProxy":false,"src":"https:\/\/public.bnbstatic.com\/20190405\/eb2349c3-b2f8-4a93-a286-8f86a62ea9d8.png","id":"b06b5ba4-320b-4042-bdee-34be1cd8db93","alt":"eb2349c3-b2f8-4a93-a286-8f86a62ea9d8.png","baseColor":"#343434"},"type":"image","x":38,"y":0,"width":335,"height":335,"mask":{"type":"rectangle","showInLibrary":true,"name":"Rectangle","path":"M 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