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250,000,000,000 Shiba Inu (SHIB) Abruptly Moved to Coinbase by Bankrupt Crypto Lender Voyager

by SB Crypto Guru News
February 17, 2023
in Altcoin
Reading Time: 2 mins read
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New information reveals that bankrupt crypto lender Voyager Digital is out of the blue shifting a whole bunch of billions of Shiba Inu (SHIB) tokens to Coinbase.

In response to blockchain cybersecurity firm Peckshield, the embattled crypto agency has transferred a complete of $28.7 million value of digital property to varied crypto alternate platforms.

Peckshield finds that Voyager moved 250 billion SHIB value about $3.4 million at time of writing to Coinbase and 15,000 Ethereum (ETH) value $25.3 million to each Coinbase and Binance, the world’s largest crypto alternate platform by quantity.

It was additionally disclosed that Voyager obtained 105 million ETH, value about $164 million, from FTX final September earlier than the crypto alternate platform filed for chapter.

“Voyager has transferred $28.7M value of crypto [assets] to crypto exchanges, together with 15,000 ETH ($25.3 million) to Binance.US and Coinbase (ETH at 1,675) and 250 billion SHIB ($3.4 million). Coinbase Voyager obtained 105,000 ETH (ETH at $1,559 on the day of switch) from FTX on seventh Sep. 2022.”

Supply: PeckShield/Twitter

Voyager’s downfall began final July when it was pressured to close down buyer withdrawals and deposits, citing the failure of fellow crypto agency Three Arrows Capital to pay again a mortgage value a whole bunch of hundreds of thousands of {dollars}.

Voyager filed for chapter and struck a cope with Binance, which noticed the crypto alternate platform buy Voyager’s remaining property for a reduced worth.

Shiba Inu is buying and selling for $0.000013 at time of writing whereas the second-largest digital asset by market cap is shifting for $1,698.

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Disclaimer: Opinions expressed at The Every day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/ValDan22/WindAwake





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Tags: AbruptlyBankruptBitcoin NewsCoinbaseCryptoCrypto NewsCrypto UpdatesInuLatest News on CryptoLenderMovedSB Crypto Guru NewsSHIBShibaVoyager
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