Crypto broker Voyager Digital suspends all operations
The platform holds about $685 million in digital assets in its accounts, while the volume of loans issued exceeds $1,1 billion
04.07.2022 - 08:00
1082
2 min
0
What’s new? On July 1, US cryptocurrency broker Voyager Digital announced a temporary suspension of trading, deposits, and withdrawals, as well as rewards accrual. According to a press release, the platform holds about $685 million in digital assets in its accounts, while the volume of loans issued exceeds $1,1 billion. Of that amount, about half was issued to the cryptocurrency hedge fund Three Arrows Capital (3AC), which filed for bankruptcy in the United States on July 2.
Voyager Digital’s press release
What else does the press release say? The cryptocurrency broker had previously sent 3AC a notice of default on a loan of 15 250 BTC and $350 million. Voyager representatives note that they are using all available means to recover the funds, including through 3AC’s court-ordered liquidation process in the British Virgin Islands. It was previously reported that creditors could not seize the fund’s assets in the US until the end of this procedure due to the form of bankruptcy filing.
Alameda Research, owned by the FTX chief Sam Bankman-Fried, provided Voyager with two loans to cover losses due to debt from 3AC. FTX issued a $250 million loan to the BlockFi platform to address a similar problem. It was later revealed that the exchange would lend BlockFi $400 million with an option to buy it back at a price of up to $240 million.
Voyager Digital is a US-based cryptocurrency platform founded in 2018. The CEO is Steve Ehrlich. More than 100 crypto assets are available for trading on it. Voyager has its own mobile app, as well as a debit card. The company’s shares trade on the Canadian TSX exchange under the ticker VOYG at $0,43, down by 20% per day (Investing.com’s data as of July 4).
For more details on the experts’ opinions regarding the consequences of 3AC’s collapse, see the GetBlock Magazine editorial’s feature.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$65 634
BTC
-2.45%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.22
XRP
-0.63%
-
Dogecoin
$0.092949
DOGE
-1.02%
-
TRON
$0.160134
TRX
-1.59%
-
Zcash
$628.6
ZEC
+3.67%
-
Cardano
$0.205629
ADA
-4.64%
-
Stellar XLM
$0.214138
XLM
-2.56%
-
Polkadot
$3.32
DOT
+5.27%