Is it possible Voyager ends up paying? How do you have 685 million in crypto but lend out 1.3 billion. Is that stupidity? I’m new to all of this and do have a small amount in Voyager
I was attempting to get out a little too late. My withdrawal has been pending for 4 days. I seemed to have missed the cut off of the 23rd.
I believe because whoever loaned voyager ( sam bank Friedman whatever FTX god ) stipulated that
there needed to be a certain amount of TVL ( total value locked ) .. there was a run on voyager
as usual; they acted like the companies that did this prior were beneath them
the writing was on the wall people were withdrawing btc as fast they could it went from something like 40k use worth of btc to 20 k .. to 10k .. to 2k .. to locked
sorry BB .. at some point maybe if they get their sea legs / btc gains value to get above the TVL that the company that provided the life preserver stipulated with the loan .. then maybe they will begin
allowing withdrawals but that will be down the road and at a point that most people have emotionally surrendered the money so they will just pretend the recent locked amounts were somehow victimized by the 3A loan default, even though people were withdrawing after that , somehow YOURS will get retroactively lumped in
