PeckShield, a blockchain security company, revealed that bankrupt cryptocurrency broker Voyager has moved $7.6 million in cryptocurrency assets in the last twenty-four hours.
Additionally, PeckShield reports that Coinbase recently received transfers of 2,500 ETH and 250 billion SHIB from the transaction.
According to what has been revealed, Voyager conducted transactions of a similar type recently, sending 250 billion SHIB to Coinbase and 15,000 ETH to Binance.US and Coinbase, respectively.
What happened on Voyager?
On July 22, cryptocurrency broker Voyager Digital sought bankruptcy protection after suffering losses due to recent market instability and the unexpected bankruptcy of Three Arrows Capital.
The corporation, which is based in the United States, said its assets ranged from $1 billion to $10 billion at the time. In addition, the company’s two subsidiaries filed for protection under the bankruptcy code.
More on Voyager’s problems
To add to Voyager’s woes, a couple of weeks ago the United States noted that the Committee on Foreign Investment (CFIUS) would investigate Binance’s purchase of Voyager, which proved to be a stumbling block in the company’s recovery plan. .
Any time a foreign investor wants to buy or combine with a US company and gain control, CFIUS must first evaluate the deal to ensure it does not compromise US security. This is optional and can take up to a year or more to complete, depending on the nature of the deal.
If the discussions fail, the committee can use its power to stop any deal it determines is detrimental to US interests.
Binance.US, the US subsidiary of Binance, announced on December 19 that it would purchase the assets of Voyager Digital for $1.022 billion. This move was seen as a way to provide Voyager customers with a way to access their money.
