Voyager Digital reduces withdrawal limits to $10,000 amid 3AC exposure risk

• Shares dropped 60% on the news of the bailout
• The $10,000 withdrawal limit now matches the $10,000 daily deposit limit. The previous withdrawal limit was $25,000.
• The move is likely to be to reduce the risks of a liquidity crisis amid turbulent market conditions

One user who had raised his withdrawal limit to $125,000 had a $90,000 withdrawal refused as others report their limits dropped to just $10,000 per day

I tried to withdraw $95,000 from @investvoyager and move it to my bank on Friday and the funds didn’t show up.
I just checked today and my withdrawal has been rejected.
No explanation from Voyager@Ehrls15 please make this right
I believe @nickcini faced a similar issue recently pic.twitter.com/3VGoASjho3

— ©elsius x Voyager (@Celsius_Voyager) June 22, 2022

The post Voyager Digital reduces withdrawal limits to $10,000 amid 3AC exposure risk appeared first on CryptoSlate.

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• Source: https://cryptoslate.com/voyager-digital-reduces-withdrawal-limits-to-10000-amid-3ac-exposure-risk/