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Voyager Crypto Investor Objects to Bankruptcy Plan Disclosures

Sept. 22, 2022, 7:13 PM

A cryptocurrency buyer suing over Voyager Digital Holdings Inc.'s marketing urged a bankruptcy court to deny the digital asset brokerage’s proposed Chapter 11 plan disclosures because they lack “the most basic information.”

Voyager’s August disclosure statement —which must be approved before creditors can vote on the proposed plan—lacks proper financial analysis and creditor payout information, the platform user, Pierce Robertson, said Wednesday in a filing in the US Bankruptcy Court for the Southern District of New York.

Robertson is the lead plaintiff in a proposed class action against CEO Stephen Ehrlich, as well as the Dallas Mavericks and its owner ...