Blockchain tracker Lookonchain says that the bankrupt crypto lender Voyager has deposited $85 million worth of the stablecoin USD Coin () with Circle.
Lookonchain that Voyager has been selling assets on COINBASE and has received $84.5 million worth of USDC from the exchange in total.
The embattled lender reportedly still holds $11.3 million worth of assets, including around $8.27 million of its native token
Lookonchain reports that it also holds $1.62 million worth of Bitcoin (), $371,000 worth of the exchange token Kyber Network (), $286,000 worth of the smart contract platform Fantom (), $140,000 worth of shopping and rewards blockchain platform StormX (), $111,000 worth of the play-to-earn blockchain gaming platform Gala (), and around $526,000 worth of other assets.
Voyager went bankrupt in 2022 after troubled crypto firm Three Arrows Capital failed to pay back a loan worth hundreds of millions of dollars.
Earlier this year, Binance’s US subsidiary attempted to acquire the assets of the embattled crypto lender for a price of $1.3 billion. Binance.US later backed out of the acquisition, citing regulatory uncertainties in the US.
VGX is trading around $0.15 at time of writing. The 439th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours.
