As Voyager files for bankruptcy protection, thousands of crypto investors lose millions of dollar
Robert first came across Voyager Digital in March 2020.
His decision to try a cryptocurrency broker was similar to that of many other
The platform was easy to navigate.
Compared to a traditional savings account, it offered an APY of up to 9%.
It It was claimed to be insured by the FDIC (Federal Deposit Insurance Corporation).
He wondered how bad Voyager could be since it was listed on the Toronto Stock Exchange.
For privacy reasons, Robert, who asked for anonymity, invested six figures, or 70% of his savings, on Voyager.
In addition, another user has invested about $38,000 on Voyager over the past six years.
Since the company filed for Chapter 11 bankruptcy protection late Tuesday, both of them cannot withdraw any of their money.