The downfall of cryptocurrency broker Voyager Digital, which this week filed for bankruptcy protection, illustrates the chain reaction across the sector following large declines in many digital currencies
Cryptocurrency broker and lender Voyager Digital Ltd.
filed for chapter 11 bankruptcy protection late Tuesday, becoming the latest victim of a contagionVoyager, which is listed in Toronto and operates a U.S. cryptocurrency platform, said in a court filing that it faced a “run on the bank,” as it was flooded with withdrawal requests by customers while some of its own investments soured or froze.
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