Crypto lender Voyager Digital files for bankruptcy

Who could be the next casualty of this cryptocurrency fall? :pensive:

Unfortunately, they said that account holders at now-bankrupt Voyager shouldn’t expect to get all their crypto back.

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Yet more bad press for the crypto market - sure feels like 2008 again, just replace the words mortgage backed securities with the word crypto - eerily similar.

Who wants to lay a wager that Michael Lewis will end up writing a book on this whole crypto
farce?

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FTX and Sam will step in. I believe he has something like 10% ownership in Voyager. If anything, he could come in a reinvest in the company at a huge discount. His Alameda also has self-interest in keeping the company afloat.

I’m sure this isn’t the last we’ll hear of liquidations or bankruptcies.