Voyager Digital Halts Trading and Withdrawals After Three Arrows Capital Default

[Triedboy]

Citing “current market conditions,” the embattled crypto trading platform has paused all customer activity.Crypto trading platform Voyager Digital announced today that it has temporarily halted all withdrawals, deposits, and trading due to “current market conditions,” Voyager CEO Stephen Ehrlich said in a press release.

Earlier this week, Voyager Digital issued a default notice to Three Arrows Capital, the crypto hedge fund whose apparent recent demise has sent shockwaves throughout the cryptocurrency industry, impacting other firms that had exposure to it.more

[cheezcarls]

Citing “current market conditions,” the embattled crypto trading platform has paused all customer activity.Crypto trading platform Voyager Digital announced today that it has temporarily halted all withdrawals, deposits, and trading due to “current market conditions,” Voyager CEO Stephen Ehrlich said in a press release.

Earlier this week, Voyager Digital issued a default notice to Three Arrows Capital, the crypto hedge fund whose apparent recent demise has sent shockwaves throughout the cryptocurrency industry, impacting other firms that had exposure to it.more

They did followed suit after Celsius made their announcement before about pausing withdrawals due to “citing market conditions” reason.

I am definitely sure that just like what the investors and the rest of the community in Celsius have experienced, it has the same impact to Voyager Digital as well. I’m afraid that there would be other similar firms who might be doing the same thing later on or even this month as possible worst-case scenarios.