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3232Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’
https://www.digit.info/billionaire-mark-cuban-sued-for-allegedly-promoting-a-massive-crypto-ponzi-scheme/
Sun, 14 Aug 2022 00:30:49 +0000https://www.digit.info/2022/08/14/billionaire-mark-cuban-sued-for-allegedly-promoting-a-massive-crypto-ponzi-scheme/Read more]]>Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into investing.” Mark Cuban Sued by Voyager Investors A class action lawsuit has […]
]]>Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts
https://www.digit.info/voyager-to-allow-cash-withdrawals-for-customers-with-us-dollars-held-in-accounts/
Sat, 06 Aug 2022 19:30:26 +0000https://www.digit.info/2022/08/06/voyager-to-allow-cash-withdrawals-for-customers-with-us-dollars-held-in-accounts/Read more]]>Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that it plans to open cash withdrawals starting on Thursday, August 11. After the cash withdrawal gates are open, Voyager customers can withdraw up to $100K in cash via an automated clearing house (ACH) transfer. […]
]]>Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
https://www.digit.info/bankrupt-crypto-firm-voyager-digital-approved-to-release-270-million-in-cash-deposits/
Fri, 05 Aug 2022 18:30:44 +0000https://www.digit.info/2022/08/05/bankrupt-crypto-firm-voyager-digital-approved-to-release-270-million-in-cash-deposits/Read more]]>The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured. The U.S. Bankruptcy Court in […]
]]>FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
https://www.digit.info/ftx-ceo-sam-bankman-fried-warns-more-crypto-company-insolvencies-are-coming/
Wed, 29 Jun 2022 14:00:12 +0000https://www.digit.info/2022/06/29/ftx-ceo-sam-bankman-fried-warns-more-crypto-company-insolvencies-are-coming/Read more]]>In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old billionaire says sometimes you have to do “what it takes to sort of stabilize things […]
]]>Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
https://www.digit.info/avalanche-co-founder-emin-gun-sirer-discusses-macro-conditions-and-avax-sliding-in-value/
Sun, 05 Jun 2022 20:00:52 +0000https://www.digit.info/2022/06/05/avalanche-co-founder-emin-gun-sirer-discusses-macro-conditions-and-avax-sliding-in-value/Read more]]>The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that […]