After Halting Withdrawals a Week Ago, Crypto Lender Voyager Digital Now Files for Bankruptcy

Voyager Digital said on Wednesday it has filed for bankruptcy, a week after the crypto lender suspended withdrawals, trading and deposits to its platform as it sought additional time to explore strategic alternatives.

Last week, Voyager said it had issued a notice of default to Singapore-based crypto hedge fund Three Arrows Capital for failing to make required payments on a loan of 15,250 bitcoin and $350 million worth of USDC, a stablecoin.