In June 2022, Voyager Digital announced that Three Arrows Capital had not repaid loans totaling $666 Million.
[3] Later in July, the Federal Reserve and the FDIC in a joint letter ordered the company to cease and desist from making false and misleading statements.
[7][8] In November, FTX filed for bankruptcy and Voyager Digital had to find a new buyer.
[10] Following the bankruptcy of FTX, the US subsidiary of Binance won the bid to buy the assets of Voyager for approximately $1 billion in December 2022.
[11] The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance US's proposed $1 billion acquisition of bankrupt cryptocurrency lender Voyager Digital, a bankruptcy court filing showed in January 2023.