Voyager, a popular cryptocurrency exchange, has declared bankruptcy and users are now worried about the safety of their funds. The exchange had been struggling for months and the news of their bankruptcy came as a shock to many.
The exact amount of funds lost is still unknown, but reports indicate that it is in the tens of millions. It appears that the company had been dealing with financial issues for some time, but they were unable to find a buyer or a new investor.
The company has stated that they are working with the appropriate authorities to ensure that all users’ funds are recovered and returned. In the meantime, they are asking users to remain patient and not to panic.
Users who had money stored in their accounts are now in a difficult position, as they are unsure if they will ever get their funds back. This is a reminder to all users to be cautious when investing in cryptocurrency and to never leave large amounts of money stored in any exchange.
