
Voyager Digital moved altcoins worth about $9.4 million to Coinbase
The crypto broker Voyager Digital, currently undergoing bankruptcy proceedings, transferred a total of about $9.4 million in altcoins to Coinbase in the last 24 hours. PeckShield noted this.
Ethereum transfers included: 3,000 ETH, 200 billion SHIB, about 2.3 million MANA, 932,000 SAND, 135,000 APE and about 1 million BAT. The company received roughly $21 million in USDC from the exchange.
According to experts, Voyager also moved 200 BTC (~$5.8 million) and part of these funds, totaling 10.3 BTC, was deposited on Binance.
In February, Lookonchain analysts recorded the sale of the broker’s assets for about $56 million. In March, PeckShield analysts noted a transfer to Coinbase of another $27.7 million in cryptocurrencies.
The company filed for bankruptcy in a New York court in July 2022. The broker’s liabilities were estimated at between $1 billion and $10 billion.
In December, the cryptocurrency exchange Binance.US offered the highest price for Voyager’s assets—$1.02 billion.
However, regulators, including the U.S. Securities and Exchange Commission and the New York Department of Financial Services, opposed the deal. The court halted the asset buyout process, and in April Binance US withdrew its bid.
In May, Voyager announced the start of payments on obligations ‘within a few weeks’.
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