Voyager Digital has successfully raised $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and directors and officers (D&O) insurance to compensate creditors. The settlement with FTX accounts for the majority, around $450 million. The company had filed for bankruptcy protection in July 2022.In addition, Voyager has received approximately $675 million in claims from its lawsuit with Three Arrows Capital, of which $20.43 million has been allocated to Voyager.Apart from these settlements, Voyager is also facing operational obstacles, including a large number of uncashed checks. The deadline is set for April 20th.Voyager is still dealing with the issue of data leaks and conducting an investigation to determine the origin and impact of the leak.Finally, according to a restructuring plan, Voyager customers will initially recover 35.7% of their claims, with a portion provided in the form of cryptocurrency or cash.

A federal judge approved an order on November 28th requiring cryptocurrency lending company Voyager Digital and its affiliates to pay $165 million in settlement to the US Federal Trade Commission (FTC) as part of an agreement. Voyager will be "permanently restrained and prohibited" from marketing or offering products or services related to digital assets.

On-chain data shows that Voyager has destroyed over 50 million VGX tokens, accounting for approximately 18% of the circulating supply.

The former CEO of lending platform Voyager, Steve Ehrlich, has been hit with lawsuits from both the Federal Trade Commission (FTC) and the United States Commodity Futures Trading Commission (CFTC) over allegations of fraudulent activities and insincerity about government customer protection.

The United States Commodity Futures Trading Commission (CFTC) has accused Voyager Digital of misleading practices and "bare-bones due diligence" that led to the loss of billions of dollars of customer funds. CFTC Commissioner Kristin Johnson criticized Voyager for ignoring warning signs and failing to protect customers, stating that "the company became no better than a house of cards."

According to an official announcement, the US Federal Trade Commission (FTC) has announced that it has reached a settlement with bankrupt cryptocurrency lending company Voyager Digital, permanently banning it from handling consumer assets. The FTC stated that Voyager and its former CEO Stephen Ehrlich misled consumers, resulting in consumers losing over $1 billion in cryptocurrency after the company collapsed.

Former clients of Voyager Digital, the bankrupt cryptocurrency lender that collapsed in 2022, may have had their personal information compromised during the company's lengthy bankruptcy proceedings. According to Tree News, customer details were leaked. Voyager was one of the high-profile victims of the terraUSD (UST) crash, which was the first major domino to fall during crypto's nightmare year. Following 3AC's failure to repay the loans, Voyager suspended "trading, deposits, withdrawals, and loyalty rewards" on July 1, and the company filed for Chapter 11 bankruptcy protection just four days later. Voyager Digital had 3.5 million users and $5.9 billion in assets at its peak, with almost all of its users being retail investors with less than $10,000 USD on the platform.

Crypto lender Voyager Digital has been approved to liquidate its assets after filing for bankruptcy protection last July due to volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital. Customers will only recover about 35% of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US. Voyager’s bankruptcy case was complicated by two failed sale attempts during the bankruptcy process. The company intends to repay customers with the same type of cryptocurrency that they had in their accounts, but for deposits held in unsupported cryptocurrencies and for Voyager’s proprietary VGX token, Voyager will instead repay customers using the Circle’s stablecoin USDC.

Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance, which is the first time since February that the difficulty has decreased.

Voyager Digital, the now-defunct crypto lender, has informed creditors that they can expect to receive their initial cash and crypto distributions "within the next few weeks." This update comes after Binance's withdrawal from the Voyager Digital deal on April 25. Voyager Digital has been navigating the bankruptcy process in the Southern District of New York to reimburse creditors after Binance US backed out of the deal. Voyager Digital says that it is making progress and is finalizing everything internally to make distributions to creditors. However, parties will have ten full days to object to the plan, and if an objection is filed, the court will hold a hearing to consider the objection before the plan can go into effect. The news of Voyager Digital's plan to reimburse creditors has been met with mixed reactions.