Voyager Capital suspends trading, deposits and withdrawals temporarily
Crypto broker Voyager Digital (NYSE: VYGVF) announced that it would temporarily suspend all trading, deposits, withdrawals and loyalty rewards, effective as of 2 PM ET
By Yashasvini Razdan
Published - Jul 01, 2022, 11:21 PM ET
Last Updated - Jun 07, 2024, 06:59 AM EDT
• Shares of Voyager plunged more than 26% to $0.33 in US trading
Crypto broker Voyager Digital (NYSE: VYGVF) announced that it would temporarily suspend all trading, deposits, withdrawals and loyalty rewards, effective as of 2 PM ET.
The company said that the Voyager-issued debit card would stop working for owners, according to a statement released Friday afternoon.
“This was a tremendously difficult decision, but we believe it is the right one given current market conditions,” said Stephen Ehrlich, CEO of lending company Voyager.
