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Fresh Blood: Voyager Digital Files for Bankruptcy

Fresh Blood: Voyager Digital Files for Bankruptcy

FromRaoul Pal: The Journey Man


Fresh Blood: Voyager Digital Files for Bankruptcy

FromRaoul Pal: The Journey Man

ratings:
Length:
41 minutes
Released:
Jul 6, 2022
Format:
Podcast episode

Description

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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Released:
Jul 6, 2022
Format:
Podcast episode

Titles in the series (100)

There is a digital revolution that is shaping your future and the future of money itself. The money in your pocket is worth less every day… so it is time to stake your claim in the future of the financial system, and participate in the wealth-creation opportunity of a generation. At Real Vision, it’s our job to make sense of this fast-moving space for you, so you don’t get left behind.