[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 358 KB, 600x315, voyager.png [View same] [iqdb] [saucenao] [google]
50184049 No.50184049 [Reply] [Original]

https://bkdata.com/business-bankruptcies/manhattan-newyork/07-05-2022/voyager-holdings-10943

It's truly. Unequivocally. Undeniably. OVER.

>> No.50184061

>>50184049
kek, one after another

>> No.50184096

I thought king Sam was giving them a lifeline

>> No.50184138

and people are still long in this fraud market

>> No.50184150

>>50184049
based zhu

>> No.50184667

>>50184096
They just got over 485 million two weeks ago but then this happens right after, while their stock is only valued at 50 million. Seems fishy.

>> No.50184756

I'm sure Sam will pull out ahead, this must be some kind of advantageous restructuring to screw retail

>> No.50184820

>>50184667
The firm had over 7B aum

>> No.50184833

who else was 3 arrows capital tied to?

>> No.50184875
File: 607 KB, 2319x3357, FHi0OjqXsAAgBY8.jpg [View same] [iqdb] [saucenao] [google]
50184875

So based on the trend

Go ALL IN VYGVF tomorrow morning?

>> No.50185162

>>50184049
lol I've never even heard of this thing, unironically.

>> No.50185204 [DELETED] 
File: 154 KB, 1334x2000, Zia---------8-.jpg [View same] [iqdb] [saucenao] [google]
50185204

>>50184875
you cant post that kind of thing round these parts.

>> No.50186196

Who's next?

>> No.50186364

Literally who?

>> No.50187792

So does this mean my crypto on there is lost forever?

>> No.50189219

>>50184049
What does this mean for my sister who has 300 link on Voyager? Best case scenario? Can these exchanges get bailed out and fecover?

>> No.50189289

>>50185162
>>50186364
It's a prime broker. You haven't heard of them because they only deal with hedge funds and institutions like 3AC

>> No.50191155

>>50184049
I don't know why you would risk you money on a centralized lending platform when you could stake NEAR or ICP safely in your wallet and on top of that, receive a higher APY than centralized platforms offer.

>> No.50191170

>>50189219
she is fucked

>> No.50192042

>>50187792
If you had USD you'll be refunded 1-1. If you have crypto, they are going to sell all of it and give you back a portion.

Essentially, yes. We're fucked and our crypto is gone unless some miracle happens.

>> No.50192104

>>50189219
theyre filing for bankruptcy after doing business in an unregulated financial sector.
Voyager execs are comfy af... but your sister... she's been absolutely rugged

>> No.50192882

>>50184096
Wonder if he is looking to buy them out now. I think Robinhood is probably his main goal

>> No.50192907

>>50187792
its not your crypto anymore, you gave it to Jews anon

>> No.50193804

>>50185162
only note wrothy thing is it was the first place you could buy avax in the USA which roped a lot of people in, with the tagline "transfers are right around the corner!" well that was a year ago, we still don't have them, and fuck all if they are happening now.
>>50189289
there's a phone app, you can kyc and buy/sell from it, great staking rewards, highest fees bar none in the biz, they really want people to just buy and hodl on their platform.

>> No.50193925

>>50189219
They said they’ll give back “some” of your crypto, along with their own token and some other worthless bullshit. So it’s mostly gone. Sorry bud.

>> No.50194356
File: 184 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
50194356

I remember Rob pushing this shit hard during the bull run. So many people wrekt based on his advice.

>> No.50194365

>>50184049
not your keys
not your crypto

>> No.50194517

>>50194356
yep yep. worst performer by far in my portfolio. ah well, gotta move on. still like Rob, but man did he blunder on that.

>> No.50195777

>>50193925
Yep. Feels bad. Sucks to lose a lot of money but I'm glad I didn't put my life savings into this shit.

>> No.50195812

>chapter 11
they'll be alright
just hope you didn't plan on touching those coins for the next month or so

>> No.50195823

>>50195812
I'm just trying to get my usd out. has around 1800 left to withdrawl before they froze accounts.

>> No.50195859

>>50184049
Not your keys not your coins
Crypto.com is next

>> No.50195913
File: 534 KB, 1048x951, 1635430341686.png [View same] [iqdb] [saucenao] [google]
50195913

>>50195823
I had a grand, not too big a deal. you could be these poor saps
that's how it is on this bitch of an earth

>> No.50195917

>>50195859
Why? In what kind of shit have they gotten themselves into?

I might empty my small account.

>> No.50195935

>>50189219
It's most likely fine, look at the actual subreddit there's people breaking down how restructures actually work. Don't fall for the doomer b.s.

>> No.50195999

>>50195913
those are rough. glad i made the decision to move my other assets out before it got frozen. had $1k worth of btc that i managed to get out as well.

>> No.50196458

I only managed to pull out 1k ish on STORMX to stake a few months ago. I have 10k of HBAR stuck there. Guess that's gone.

>> No.50196544

>>50195859
why would crypto.com be next? doesnt make any sense

>> No.50196990
File: 584 KB, 1025x1451, SmartSelect_20220706-154812_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
50196990

https://www.theblock.co/post/156065/despite-voyagers-claims-its-bank-says-fdic-insurance-will-not-protect-customer-usd-deposits-from-firms-bankruptcy

>> No.50197116

>>50196990
I should have stayed on kikehood and Goybase

>> No.50197507

>>50184061
Voyager is the first one to file for bankruptcy. What do you mean another?

Retard

>> No.50198075

>>50196990
No refunds even on shit coins like USD. Why am I not surprised

>> No.50198788

I listened to the fud and pulled some off but I lost 2.5k stuck on voyager. I really liked them too.

>> No.50200846
File: 62 KB, 738x703, 1618349578912.jpg [View same] [iqdb] [saucenao] [google]
50200846

>>50198788
it's not "fud" when people tell you that Voyager lent out half a billion dollars to 3AC without collateral and 3AC is being liquidated and will not be able to make repayments.
This isn't some shitcoin where you just hodl and against all odds it magically recovers and goes even further beyond. This was quite literally the only possible outcome. What did you think was going to happen?

>> No.50200866

Why did people still have crypto on any exchange? To lose money and feel bad for yourselves?

>> No.50201994

>>50200866
>Why did people still have crypto on any exchange? To lose money and feel bad for yourselves?
Some of us weren't planning on holding long term

>> No.50202692
File: 818 KB, 1080x2220, 64jt3vfj61a91.jpg [View same] [iqdb] [saucenao] [google]
50202692

Uh oh. Texas is on the case

>> No.50203881

>>50184049
Can somebody give me the quick rundown on voyager?