Bankrupt Crypto Platform Voyager Digital Holdings Inc. May Have Been Hacked During Asset Liquidation Process
The bankrupt cryptocurrency platform, Voyager Digital Holdings Inc., may have fallen victim to a hacking attack while liquidating assets to repay its customers. This incident occurred just as the firm reopened its platform to allow clients to retrieve any residual assets. During the 30-day withdrawal window, customers managed to recover about $490 million in assets, accounting for nearly 80% of the available amount. However, this potential breach has led to an investigation by bankruptcy officials and law enforcement agencies.
Key Points:
- Customers recovered $490 million in assets, approximately 80% of the available amount.
- Lawyer Darren Azman reported that customers were targeted by scams attempting to infiltrate their digital wallets.
- Fraudulent websites promised increased payouts if customers linked their non-Voyager cryptocurrency wallets to a newly created account.
- US Bankruptcy Judge Michael Wiles expressed disappointment and condemned the situation during a court hearing.
- Voyager is the first bankrupt cryptocurrency firm to start repaying creditors and customers.
Voyager Digital Holdings Inc. is facing the consequences of its bankruptcy as it tries to repay its customers. The platform experienced a potential hacking attack during the asset liquidation process. This breach has led to an investigation by bankruptcy officials and law enforcement agencies. Customers managed to recover a significant portion of their assets, but they were also targeted by scams aimed at gaining access to their digital wallets. The judge overseeing the case expressed strong disapproval of the situation. This incident highlights the challenges faced by bankrupt cryptocurrency firms in repaying their customers.
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