Voyager Digital freezes trading and withdrawals, blames 3AC default
The company has not stated when trading, deposit, withdrawal, and loyalty reward services would resume
By Shashank Bhardwaj
Crypto exchange Voyager Digital announced on Friday, July 1, that it was temporarily stopping trading, deposits, withdrawals, and loyalty rewards on its platforms. The services were completely shut down and the changes were put into motion from 2 pm E.T (11:30 pm IST).
The CEO of Voyager, Stephen Ehrlich, said in a statement, "This was a tremendously difficult decision, but we believe it is the right one given current market conditions. This decision gives us additional time to continue exploring strategic alternatives with various interested parties while preserving the value of the Voyager platform we have built together. We will provide additional information at the appropriate time."
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