{"id":74518,"date":"2023-02-22T18:51:06","date_gmt":"2023-02-22T16:51:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74518"},"modified":"2025-09-09T20:33:19","modified_gmt":"2025-09-09T17:33:19","slug":"ftc-probes-voyager-over-misleading-crypto-marketing","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ftc-probes-voyager-over-misleading-crypto-marketing\/","title":{"rendered":"FTC probes Voyager over misleading crypto marketing"},"content":{"rendered":"<p>The U.S. Federal Trade Commission (FTC) has opened <a href=\"https:\/\/cases.stretto.com\/public\/x193\/11753\/PLEADINGS\/1175302222380000000049.pdf\">an investigation<\/a> into the leadership of the bankrupt cryptocurrency broker Voyager Digital over alleged unfair and misleading marketing.<\/p>\n<p>The inquiry encompasses in particular the company&#8217;s employees, directors, and officers.<\/p>\n<p>In its statement, the FTC stressed that it does not want the planned sale of the debtor&#8217;s assets to Binance.US to in any way limit its investigation or release Voyager from financial claims, including those arising from violations.<\/p>\n<p>The broker was one of the creditors of the hedge fund Three Arrows Capital. The latter was unable to repay a debt of 15,250 BTC and $350 million in USDC, prompting Voyager Digital to issue it <a href=\"https:\/\/u1f987.com\/en\/news\/voyager-digital-issues-default-notice-to-3ac\">a default notice<\/a> in June 2022.<\/p>\n<p>A month later, the company and two of its subsidiaries &#8212; Voyager Digital Holdings Inc and Voyager Digital LLC &#8212; filed <a href=\"https:\/\/forklog.news\/voyager-digital-podal-zayavlenie-o-bankrotstve\/\">bankruptcy filing<\/a>, stating total liabilities in the range of $1 billion to $10 billion with around 100,000 customers.<\/p>\n<p>Earlier in December, Binance&#8217;s U.S. unit offered the highest bid for the debtor&#8217;s assets \u2014 $1.002 billion and up to $20 million in potential upside.<\/p>\n<p>Voyager Digital users will be able to recover <a href=\"https:\/\/u1f987.com\/en\/news\/voyager-clients-to-recover-funds-via-binance-us-accounts\">a portion of their funds through Binance.US accounts<\/a>.<\/p>\n<p>Deal partners expect the closing of the transaction and payments to begin in March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FTC has opened an investigation into the leadership of the bankrupt Voyager Digital over allegedly misleading marketing.<\/p>\n","protected":false},"author":1,"featured_media":74519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1323,26,1546],"class_list":["post-74518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investigations","tag-usa","tag-voyager"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74518"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74518\/revisions"}],"predecessor-version":[{"id":74520,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74518\/revisions\/74520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74519"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}