Voyager opens withdrawals for transactions submitted before suspension of market trading

Voyager Digital despatched out an e mail to clients asserting that withdrawals processed earlier than the suspension of buying and selling had been now being processed. The change halted deposits, withdrawals, buying and selling, and rewards on June 30, and the enterprise has issued little communication since.

On July 3, the change posted a thread on Twitter confirming the worth of its property and placating them with assurances Voyager is doing its greatest to resolve the problem. Voyager confirmed it holds $1.3 billion in crypto-assets and $35in money within the financial institution. Additionally it is “pursuing a sequence of strategic alternate options” to “greatest serve our clients for the long run.”

In an e mail despatched Monday, Voyager gave clients hope by declaring that it was within the means of finishing withdrawals submitted earlier than the “momentary suspension.’ Any funds requested earlier than the suspension are actually going by way of “routine procedures together with safety and anti-fraud overview, and processing by our banking associate.”

The information is extremely optimistic for buyers hoping to regain entry to their funds. Clients of Celsius have been unable to recuperate funds for a number of weeks, whereas Voyager suspended withdrawals lower than per week in the past. Whereas the information doesn’t imply all customers can entry their funds, it reveals progress. There’s presently no phrase on when or if different clients will be capable to withdraw funds. The complete e mail is proven under as shared by Digital Asset News.