The U.S.Commodity Futures Trading Commission (CFTC) has filed a complaint against Stephen Ehrlich, the former CEO of the now-bankrupt entities Voyager Digital Ltd, Voyager Digital Holdings, Inc., and Voyager Digital, LLC. The complaint alleges that Ehrlich committed fraud and failed to register in relation to the Voyager digital asset platform and its operation of an unregistered commodity pool.
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.Â