Players in the US National Women’s Soccer League (NWSL) are reportedly set to miss out on the promised payouts of a deal with crypto broker Voyager after the firm went bankrupt.
The league has told players they could miss out on funds they were promised as part of the sponsorship deal, Sportico reported on Monday.
The partnership, announced in December last year, was one of the biggest in NWSL history and was intended to be a multi-year agreement.
As part of the tie-up, the league would receive half the payment in cash, while players would get the other half in the form of crypto. Each athlete was to be given a Voyager account to receive the deposits and build their own crypto portfolios.
But the accounts were never funded, Sportico reported, citing multiple sources close to the situation.
Now, with Voyager having filed for bankruptcy early in July, the future of these player payouts looks uncertain.
In a statement issued to the press, the NSWL said: “The Player Fund was always...
Read Full Story:
https://decrypt.co/106475/voyager-bankruptcy-us-pro-womens-soccer-player-payo...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.