Crypto platform Voyager Digital has announced that its subsidiary Voyager Digital LLC has issued a default notice to Three Arrows Capital (3AC) for failing to repay previously disclosed loans, including 15,250 bitcoins and 350 million USDC. Voyager is discussing recovery options with legal counsel.
Despite 3AC's default, Voyager said the platform is still processing customer transactions and withdrawals as normal. As of June 24, the company held about $137 million in cash and its own crypto assets, and had access to $200 million in cash from Alameda Ventures and a USDC line of credit and 15,000 bitcoins, of which $75 million has been used.
Voyager Digital has issued a default notice to Three Arrows Capital
2025-12-02 06:34:34
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