(Bloomberg) — Voyager Digital Holdings filed for Chapter 11 bankruptcy in the Southern District of New York, according to a filing.
Its estimated liabilities and assets are each in the range of $1 billion to $10 billion, the filing showed.
Crypto broker Voyager Digital Ltd., which owns 100% of Voyager Digital Holdings, late last week temporarily suspended trading, deposits and withdrawals due to difficult market conditions, amid a deepening meltdown in the beleaguered crypto sector.
Digital-asset markets appeared to take the filing in their stride.
Bitcoin was little changed at about $20,260 as of 12:16 p.m. in Singapore.
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