Monday, April 15, 2024

Voyager Might Be Promoting Its Crypto By Coinbase

  • Defunct crypto lender Voyager Digital could also be promoting its crypto by way of Coinbase. 
  • On-chain knowledge exhibits that the crypto lender has acquired 100 million USDC from Coinbase up to now three days. 
  • The crypto lender has despatched greater than $86 million value of crypto belongings to Coinbase since 14 February. 

Defunct crypto lender Voyager Digital has acquired $100 million value of crypto from American crypto change Coinbase, following almost two weeks of multi-million greenback transactions that noticed the crypto lender switch crypto belongings value over $86 million to Coinbase. These transactions have led to hypothesis in regards to the doable sale of crypto belongings. 

Plainly Voyager is promoting belongings by way of Coinbase.”

Lookonchain on Twitter

Voyager acquired 100 million USDC from Coinbase

Blockchain analytics agency Lookonchain revealed on Twitter earlier at this time that Voyager Digital had acquired 100 million USD Coin from Coinbase over the previous three days. The USDC from Coinbase overlapped with the bankrupt crypto lender’s multi-million greenback transactions with the United States-based crypto change, which concerned the switch of 23 crypto belongings value greater than $86 million. 

These included 15,635 ETH value $25 million, 2.24 trillion SHIB value $28 million, 3.26 million MANA value $2.15 million, and 640,000 LINK tokens value $4.74 million, amongst a number of different tokens. Voyager additionally despatched greater than 28 million of its native token, VGX. 

Based on Lookonchain, the defunct crypto lender at the moment holds $631 million in belongings. This contains 172,223 ETH value $276 million, 186 million USDC, 6.5 trillion SHIB value $81 million, and a couple of.14 million LINK value $15.8 million. 

The bankrupt crypto lender was within the information earlier this week after federal and state-level regulators within the U.S. objected to a $1.02 billion cope with Binance U.S. for the acquisition of its belongings. The objection got here barely a day after the US Federal Commerce Fee (FTC) opposed Voyager’s third amended joint plan for restructuring. 

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