US State Regulators Investigating Crypto Brokerage Voyager, Looking Into Potential Improper Disclosures: Report
— Potential, Voyager, Regulators, Lending, Disclosures, Crypto, State, Improper, Firm, Hodl — 1 min read
Regulators from Texas and Alabama are reportedly looking into embattled crypto brokerage firm Voyager Digital. The state regulators will also be looking into a freeze enacted by Voyager, which prevented clients from withdrawing their funds. The firm filed for Chapter 11 bankruptcy a few days ago. Texas joins a coalition of US states looking into the crypto firms, according to a report by Bloomberg. Last month, regulators in five US states started to probe crypto lending platform Celsius (CEL) after the firm announced it was halting all withdrawals. Goldman Sachs said they were raising $2 billion in an attempt to purchase distressed assets from Celsius in case the platform filed for bankruptcy. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor Source