US Judge Bars SEC From Punishing Voyager Over Bankruptcy Token

US Judge Bars SEC From Punishing Voyager Over Bankruptcy Token


Bitcoinist
2023-03-07 13:15:01

The ongoing bankruptcy proceeding for Voyager Digital has sprouted a controversy with the US Securities and Exchange Commission. As the court considers a restructuring plan to bring the firm out of bankruptcy, Voyager executives proposed to issue a repayment token and sell some assets to repay customers. Related Reading: Silvergate Halts Crypto Payments After Suffering