Crypto lender Voyager Digital filed for Chapter 11 bankruptcy late Tuesday, estimating that it had more than 100,000 creditors and between $1 and $10 billion in assets. It also recorded the same range for its liabilities. CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses the details and the potential outcomes.

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U.S. crypto lender Voyager Digital filed for bankruptcy, becoming another casualty of a dramatic fall in prices that has shaken the cryptocurrency sector.

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Crypto exchange FTX and its founder Sam Bankman-Fried were some of the crypto industry’s brightest stars. But that changed this week when FTX faced a liquidity crisis and froze customer withdrawals. Now regulators and investors are raising questions about financial practices at FTX and a sister firm, Alameda Research.

WSJ crypto reporter Vicky Ge Huang joins host Zoe Thomas to explain what happened and what it could mean for the wider market.

https://www.wsj.com/articles/crypto-exchange-binance-agrees-to-acquire-rival-ftx-11667924737?st=o689sm1qhxiujmb &reflink=desktopwebshare_permalink

https://www.wsj.com/articles/ftx-tapped-into-customer-accounts-to-fund-risky-bets-setting-up-its-downfall-11668093732?st=smf56upix8cqvgs &reflink=desktopwebshare_permalink

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Yahoo Finance Live anchors Brad Smith, Brian Sozzi and report news that BlockFi has filed for Chapter 11 bankruptcy in New Jersey as the FTX collapse continues to ripple throughout the crypto space.
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