Crypto Broker Voyager Digital Says Three Arrows Capital Hasn’t Repaid $666 Million in Loans

Crypto broker Voyager Digital Ltd. VOYG -52.50% said it may issue a notice of default to Three Arrows Capital Ltd. if the crypto hedge fund fails to make a loan repayment by June 27.

Voyager Digital said it lent 15,250 bitcoin and $350 million in USD Coin to Three Arrows Capital. The company initially asked for a repayment of $25 million USD Coin by June 24 and then asked for the entire balance to be paid by June 27. These loans amount to $666 million based on bitcoin’s current price. Neither of these loans has been repaid, it said...