🚨Voyager Update: 3AC Default + Alameda Loans $500 Million

Voyager's exposure to 3AC consists of 15,250 BTC and $350 million USDC, 3AC has not repaid requested amounts.

Voyager: Failure to repay by June 27 will constitute an event of default

Voyager intends to pursue recovery from 3AC

Voyager announced a definitive agreement with Alameda Ventures for a $200 million dollar cash / USDC revolver and a 15,000 BTC revolver to safeguard customer assets.

Official Statement - https://www.prnewswire.com/news-releases/voyager-digital-provides-market-update-301572971.html

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