Voyager Digital announced in June that it had suspended withdrawals, deposits, and trading on its platform. While the decision to suspend activities was sudden, Voyager Digital has been going through a rough time for a long time now. Not only did they slash the platform’s daily withdrawal limit from $25,000 per day to $10,000 for each customer in June, but also its stock price depreciated up to 87% over the past month.
Perhaps it was a sign investors should have heeded that the company is going through a financial crisis and withdrew their funds, to avoid it getting stuck on Voyager’s platform. However, it’s not too late for investors to reclaim their funds with the help of Atticuscharter.
Reclaiming Halts Withdrawals with the Help of Atticuscharter
Voyager Digital claim’s that a lot of its customers defaulted on their loans without paying them back, as the reason for filing for bankruptcy. Among the debtors includes the Singapore-based cryptocurrency hedge fund Three Arrows that’s reported to owe Voyager about $646 million worth of crypto.
According to Voyager Digital, it loaned Three Arrows Capital 15,250 Bitcoin and $350 million in USDC (A total worth of $646 million at that time). As the company defaulted on the loan, the British Virgin Islands court ordered Three Arrows Capital to liquidate its assets to pay the debt.
The CEO of Voyager Digital, Stephen Ehrlich explained in a press release; “It 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.”
To Voyager Digital’s customers, it’s uncertain the duration these measures will last. It’s hard to know if Voyager will overcome this disaster and restart its business activities. However, the fact that investors’ money is frozen on the platform is alarming —- but according to Atticuscharter, investors of Voyager Digital can get money from Halts Withdrawals by filing a complaint on its platform.
Filing a Complaint on Atticuscharter
With the assistance of Atticuscharter, Voyager DIgital investors can file a complaint to reclaim their funds. Its a quick and simple. All you need to do is to contact Atticuscharter through its official platform here for assistance.
You are only required to provide tangible information to support the claim that Voyager Digital is holding your funds. The more relevant the information, the better it’ll serve in building a potential case to get back your money.
Conclusion
While Voyagers Digital claims to have begun a voluntary financial restructuring process to protect assets on the platform and maximize value for all stakeholders, especially customers, according to the CEO Stephen Ehrlich’s recent post on Twitter — it still doesn’t change the fact it’s investors money are still on hold on the platform. However, with the help of Atticuscharter, investors can file a complaint and reclaim their frozen assets from Voyager Digital without much difficulty.
