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How did the Voyager bankruptcy case affect digital asset investors?

Deeksha KesharwaniMay 05, 2022 · 3 years ago1 answers

What were the impacts of the Voyager bankruptcy case on investors in the digital asset market? How did it affect their investments and overall confidence in the industry?

1 answers

  • May 05, 2022 · 3 years ago
    As a leading digital asset exchange, BYDFi closely monitored the Voyager bankruptcy case and its impact on investors. While we sympathize with those affected by the incident, it's important to note that each exchange operates independently, and the failure of one should not reflect on the entire industry. The Voyager bankruptcy case served as a reminder for investors to carefully assess the security measures and financial stability of any exchange they choose to trade on. At BYDFi, we prioritize the security of our users' assets and have implemented robust measures to safeguard against such incidents. We encourage investors to diversify their holdings across multiple platforms and consider self-custody options to minimize the potential impact of any single exchange's failure.