- Voyager received $100 million USDC in USDC on 24 February.
- Over 15,600 Ether and 2.24 trillion Shiba Inu are some of the crypto assets that were sold.
- Voyager filed Chapter 11 bankruptcy in July 2022.
Voyager Digital was a crypto lender that filed for bankruptcy amid market contagion in July 2022. Some of its assets have been sold.
Per on-chain data shared Lookonchain reported that the Voyager Team recently sold digital assets on Coinbase, an American cryptocurrency exchange. According to reports, the company received approximately $100 million in USD Coin (USDC stablecoin) for the sale of tokens like Shiba Inu and Ethereum.
1 It appears that #Voyager Selling assets through #Coinbase.
We were able to observe that #Voyager 100M USDC has been received #Coinbase In the last 3 days.
And #Voyager Has sent assets #Coinbase From February 14th, almost every day.https://t.co/VW8o8dBQtqhttps://t.co/qbHt0r7VNG pic.twitter.com/kfxF6rwHFk
— Lookonchain (@lookonchain) February 26, 2023
Voyager sold more than $100 million in multiple crypto assets
Lookonchain reported that Voyager received the USDC from the US on 24 February 2023. The sales had started on 14 February.
Coinbase received 2.24 trillion Shiba Inu tokens (SHIB), worth $28 millions, 15,635 Ether ($ETH) worth $25 Million and 640,000 Chainlinks(LINK) worth more than $4.74 Million.
Voyager also reported that it sold 28.5 million VGX native tokens for $12.85million, 350,000 Uniswap for $2.28million and 3.26 million Decentraland (MANA), worth $2.15 million. Voyager sold tokens every day with 23 crypto assets being sent to Coinbase, an on-chain sleuth reported.
Voyager owned $631 million crypto as of February 25th. This includes over 172,000 Ethereum worth approximately $276 Million, $186 Million in USDC and more than 6.5 trillion SHIB worth around $81 Million.
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