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REGULATION
by
2 years ago

Analysts found Voyager transferred over $100 million of crypto to Coinbase

2023-02-27

REGULATION
by
2 years ago


Voyager Digital, a centralized financial platform (CeFi) that filed for bankruptcy in Chapter 11 in July 2022, reportedly sold crypto assets through the Coinbase trading web.

 

Since Valentine's Day, February 14, Voyager has transferred crypto assets to Coinbase almost every day, with On-chain analyst Lookonchain saying the investigation showed Voyager transferred millions of dollars using various cryptocurrency tokens, including Ether, Shiba Inu and Chainlink.

 


Ref: Lookonchain on Twitter 


Lookonchain revealed that Voyager used 23 tokens worth over $100 million.  However, Coinbase has not yet confirmed the accuracy of the information.

 



But despite crypto transfers, Voyager still holds nearly $530 million in crypto, including Ether ($276 million) and Shiba Inu ($81 million).


Photo Credit: Link 

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