Cryptocurrency News

Voyager Digital issues notice of default to Three Arrows Capital

2022.06.28 02:10

Voyager Digital issues notice of default to Three Arrows Capital
Voyager Digital issues notice of default to Three Arrows Capital

Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement.

In a market update by Voyager, the exchange noted that it’s currently exploring “legal remedies” that are available with its advisors and is aiming to pursue the recovery of its funds from 3AC.

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