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Voyager opens withdrawals for transactions submitted previous to suspending buying and selling

by Index Investing News
July 4, 2022
in Cryptocurrency
Reading Time: 2 mins read
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Voyager Digital despatched out an e-mail to prospects asserting that withdrawals processed earlier than the suspension of buying and selling have been now being processed. The trade halted deposits, withdrawals, buying and selling, and rewards on June 30, and the enterprise has issued little communication since.

On July 3, the trade posted a thread on Twitter confirming the worth of its belongings and placating them with assurances Voyager is doing its finest to resolve the problem. Voyager confirmed it holds $1.3 billion in crypto-assets and $35in money within the financial institution. It’s also “pursuing a collection of strategic options” to “finest serve our prospects for the long run.”

In an e-mail despatched Monday, Voyager gave prospects hope by declaring that it was within the means of finishing withdrawals submitted earlier than the “non permanent suspension.’ Any funds requested earlier than the suspension at the moment are going by way of “routine procedures together with safety and anti-fraud assessment, and processing by our banking accomplice.”

The information is very constructive for traders hoping to regain entry to their funds. Clients of Celsius have been unable to recuperate funds for a number of weeks, whereas Voyager suspended withdrawals lower than per week in the past. Whereas the information doesn’t imply all customers can entry their funds, it exhibits progress. There’s at the moment no phrase on when or if different prospects will be capable to withdraw funds. The total e-mail is proven under as shared by Digital Asset News.

voyager withdrawals
Supply: Digital Asset News

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