Voyager files for Chapter 11 bankruptcy due to their large exposure to Three Arrows Capital as the contagion continues to spread across the market. The below is an excerpt from a recent edition of BitcoinLinux Pro, BitcoinLinux‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In Case You Missed It: BitcoinLinux Pro Special Edition Contagion Report Early on July 6, 2022, it was announced that Voyager has filed for Chapter 11 bankruptcy. Voyager Digital Commences Financial Restructuring Process to Maximize Value for All Stakeholders
Bittrex, a bitcoin and cryptocurrency exchange platform founded in 2014, has filed for bankruptcy in the state of Delaware. The decision comes after the company previously announced that it would be ceasing all operations in the U.S. effective April 30th as a result of U.S. Securities and Exchange Commission charges…