Crypto Rug Pull News: Crypto brokerage agency, Voyager Digital which filed for Chapter 11 chapter again in 2022, is making ready to reopen partial withdrawal for its customers. On-chain knowledge tracker stories that the troubled crypto agency transferred tokens out from its hot wallet.
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Voyager Withdrawal Will Lead To A Crypto Rug Pull?
On-Chain knowledge of the wallet address 0x500a746c9a44f68fe6aa86a92e7b3af4f322ae66 related to Voyager depicts large altcoin transfers. It needs to be famous that the collectors can withdraw about 35% of their crypto holdings with Voyager between June 20 and July 5, 2023.
The bother crypto agency moved round 350 billion Shiba Inu cash (approx price $2.6 million) in a number of transactions. However, the largest transaction recorded seems to be of transferring 70 Billion SHIB (approx price $537k) from the recent pockets. SHIB is buying and selling at a mean worth of $0.0000073, on the press time.
The second biggest meme crypto price is up by round 7% prior to now 7 days. However, it’s anticipated the upcoming Voyager Users’ withdrawal can enhance the promoting strain for Shiba Inu Coin.
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Voyager linked pockets then moved 279.79k Polygon (MATIC) tokens (approx price $180k) in a single transaction. However, the crypto agency moved a minor quantity of MATIC tokens earlier than this mega transaction.
MATIC’s 7% worth surge within the final 24 hours has managed to supply it reduction from the current downward pattern. Meanwhile, a worth drop is anticipated forward as Voyager customers search to get well their funds.
As per the June 14, 2023 court docket filings, Paul Hage, Voyager’s chapter plan administrator acknowledged that round June 15 Voyager app will present the quantity out there for consumer withdrawals. However, after 30 days, shoppers can be allowed to withdraw crypto property by way of the app or can ask for a money payout.
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