Fresh Blood: Voyager Digital Files for Bankruptcy
Creeping contagion in the crypto industry has claimed another high-profile victim.
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Show Notes
Voyager Digital has filed for Chapter 11 bankruptcy protection in New York, blaming "volatility and contagion" in the market. The cryptocurrency brokerage previously revealed that it lost $650 million due to the collapse of Three Arrows Capital. In its court filing, Voyager reported it has more than 100,000 creditors and between $1 billion and $10 billion in liabilities. It’s the latest high-profile crypto firm to suffer the ultimate consequence amid the most significant downturn in the industry’s brief history, joining 3AC as well as Terra and Celsius. Sergio Silva, sales director at Fireblocks, joins Real Vision's Marco Olivera and Moritz Seibert to talk about Voyager and the crypto industry shakeout, a potentially groundbreaking DAO vote, and sweeping new crypto regulation in the EU. We want to hear from you! Please drop your questions right here on the Exchange: https://exchange.realvision.com/discussion/12028/.
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