3min chapter

Money For the Rest of Us cover image

What Happens If Your Brokerage Firm Goes Bankrupt?

Money For the Rest of Us

CHAPTER

Voyager's Crypto Assets Should Be Segregated From Corporate Assets

Voyager, a licensed crypto destination offering regulated brokerage services, halted withdrawals on July 1st. Voyager points out that because one of their borrowers arrows capital, a $10 billion hedge fund, this past March, that funds failure to repay a substantial loan to Voyager led them to halt withdrawals. If the assets had been segregated, the custody assets, it wouldn't have been an issue.

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