Voyager Digital Ltd.
Filed for Chapter 11 after its exposure to Three Arrows Capital left it unable to meet customer withdrawals.
Creditor process: Converted to a liquidation trust in March 2026 after the exchange business wound down. Creditors are recovering roughly 35 to 37 percent of their original claims, with more than USD 1.8 billion returned, boosted by settlements with the FTX estate and Three Arrows Capital.
Compliance snapshot
- Ceased operations July 2022 — Chapter 11
- Became a liquidation trust in March 2026
- Creditors recovering roughly 35 to 37 percent
- FDIC ordered it to stop misrepresenting deposit insurance
Defunct since 2022. A regulator found its deposit-insurance marketing misleading, and creditors are recovering only about a third of their claims.
Licenses & registrations
- United StatesRevokedMSB registrationFinancial Crimes Enforcement NetworkFinCENn/an/aVerify at source
Reputation
Verified reputation data is unavailable
The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.
- Customer reviews
- Source needed. A direct review-platform source and collection date are needed.
- App Store & Google Play
- Source needed. Verified store listings and collection dates are needed.
- Press sentiment
- Source needed. A dated source set and calculation method are needed.
Recent press
- 2026-03-18Voyager estate becomes a liquidation trust as recoveries reach 35 percentNeutral
Blockworks — The plan administrator reported more than USD 1.8 billion returned to users.
Incidents & enforcement
- 2022-07-28Enforcement
FDIC and Federal Reserve ordered the company to stop representing that customer funds were federally insured.
- 2022-07-05Enforcement≈ USD 1.3 billion owed to customers
Chapter 11 filing after its loan to Three Arrows Capital defaulted.
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Profile last reviewed 2 Sept 2026 (2026-09-02)