Voyager Digital suspends trading, deposits, and withdrawals

Canadian crypto broker Voyager Digital (VYGVF) suspended trading, deposits, withdrawals, and loyalty rewards, according to a statement released by the firm Friday afternoon.

The decision comes after the firm gave a notice of default to crypto hedge fund Three Arrows Capital (3AC) after it failed to repay over $644 million in borrowed bitcoin (BTC-USD) and USDC.

“This was a tremendously difficult decision, but we believe it is the right one given current market conditions,” Voyager CEO Stephen…

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