Voyager Digital ($VOYG) quotes down 60% after disclosure report regarding 3AC exposure voyf
of loans made by Voyager Digital to the Three Arrows Capital fund, quotes of the crypto broker on the Toronto Stock Exchange fell by more than 60%. At the moment, Voyager Digital's share price is $0.61 CAD per share, which is less than half the closing price of the previous trading day.The main news, which caused a downfall, is that Voyager Digital is expected to default on unsecured loans of 15,250 BTC and $350M USDC, provided to infamous Three Arrows Capital.
In case the situation does not change and Three Arrows Capital fails to meet the presented obligations within the required time frame, Voyager Digital itself will default.fund is one, affiliated with the FTX crypto exchange and its head Sam Bankman-Fried, which lent Voyager Digital $200M USDC and 15,000 BTC.
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