Tag: Metropolitan Commercial Bank

Following the Chapter 15 bankruptcy filing of collapsed crypto hedge fund Three Arrows Capital (3AC), one of its lenders, the public-listed crypto broker Voyager Digital filed for Chapter 11 bankruptcy in New York. According to a court filing, Voyager has claims of more than $650 million against 3AC. Voyager has approximately $1.3 billion of crypto assets and over $350 million in cash held at a For Benefit of Customers (FBO) account at Metropolitan Commercial Bank. The estimated number of creditors exceeds 100,000.