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Sunday, June 22, 2025

Is your crypto on Celsius or Voyager? Factors that determine whether you may get your money back - MarketWatch

Distributed Ledger
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far.
Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email to share your personal stories with crypto.
For the past few weeks, several crypto companies appeared to be in distress. Lender Celsius paused withdrawals since June 12, while Babel Finance and CoinFlex followed suit. Digital asset broker Voyager said on Wednesday it filed for Chapter 11 bankruptcy in New York.
What do these mean for their customers? Could they still get their money back? I caught up with Daniel Saval, partner at law firm Kobre & Kim, to break down the situations.
Crypto in a snap
Bitcoin BTCUSD gained 5.3% over the past seven days, trading at around $21,395 on Thursday,...



Read Full Story: https://www.marketwatch.com/story/having-crypto-on-celsius-or-voyager-this-de...

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