Judge approves $1.65 billion settlement between Voyager Digital and FTC

Bitget App

Trade smarter

Cointime2023/11/29 00:42

By:Cointime

On November 29th, according to Cointelegraph, a federal judge in the United States approved an order requiring cryptocurrency lending company Voyager Digital and its affiliates to pay $165 million in compensation to the U.S. Federal Trade Commission (FTC). According to documents from the Southern District of New York federal court on November 28th, Judge Gregory Woods ordered Voyager to pay the amount, after the company announced a settlement agreement with the FTC in October. Under the settlement agreement, Voyager will be "permanently restricted and prohibited" from marketing or offering products or services related to digital assets.（Cointelegraph）

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Hackers targeted major Australian superannuation funds, stealing $500,000 from a few accounts and exposing personal data. Authorities and financial institutions are responding to the breach, urging members to check accounts and update passwords. Credential stuffing using stolen passwords is suspected in the attacks, prompting warnings to use unique logins and enable multifactor authentication.

Cryptopolitan•2025/04/06 03:22