In today’s video I will be covering what is going on currently with Voyager exchange filing for a chapter 11 bankruptcy and exactly what this means for the company and investors holding their funds on the exchange!

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    In today’s video We are going over Why Are Crypto Currencies Crashing and what we need to be looking for!

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    Disclaimer: I am not a financial advisor and this is in no way financial advice. This video shall be taken as entertainment purposes ONLY and no investment decisions made by any party shall be made from the research and information shared in this video.

    KeyWords: Crypto Crash, Bankruptcy, Chapter 11 Bankruptcy, Voyager crypto, voyager exchange, voyager bankruptcy, 3ac bankruptyc, 3ac failure, voyager failure, voyager update, voyager news.

    31 Comments

    1. Interestingly the negative voyager news didn’t bear dump the market. Near the bottom I wonder? Hmm.. Waiting for accumulation pattern is the go

    2. I don't understand how they can just steal our money. It isn't THEIR asset, it is ours. I know it's the truth, though. This is what I get for taking vacation!

    3. For everyone asking if you will get your money back, the answer is, maybe… we all know the risks when we hold crypto in an exchange as crypto are not yet regulated like stocks (no insurance) therefore this could happen to any crypto exchange. We gambled, and maybe we lost. Oh well

    4. The reason this isn’t looking good, is that if voyager happens to make a comeback, once their systems go back online, a large margin of their users are going to pull their funds out regardless. Out of fear. It’s not looking stable. The exchange doesn’t feel stable anymore
      At all

    5. Email from Voyager to me 7/6/22 "The proposed Plan of Reorganization
      would, upon implementation, resume account access and return value to
      customers. Under this Plan, which is subject to change given ongoing
      discussions with other parties, and requires Court approval, customers
      with crypto in their account(s) will receive in exchange a combination
      of the crypto in their account(s), proceeds from the 3AC recovery, common
      shares in the newly reorganized Company, and Voyager tokens. The Plan
      contemplates an opportunity for customers to elect the proportion of
      common equity and crypto they will receive, subject to certain maximum
      thresholds.

      Customers with USD deposits in their account(s) will receive access to
      those funds after a reconciliation and fraud prevention process is completed
      with Metropolitan Commercial Bank."

    6. Great work man I love your content please keep us updated throughout this bankruptcy filing..
      I am both a shareholder and a user of Voyager so I am highly interested to see the outcome of what happens.. 😬

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