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What happened after Voyager: a $750,000 order against its former chief executive

In June 2023, Bitminer.io reported that Voyager Digital was being liquidated after planned sales to FTX and then Binance.US fell through. The bankrupt crypto platform’s customers were left waiting for what could be recovered.

The would-be buyer

FTX, Voyager’s first buyer, had collapsed into bankruptcy itself in November 2022. Its founder was sentenced to 25 years in prison in March 2024, and in August 2024 the CFTC obtained an order for FTX and Alameda Research to pay $12.7 billion to customers and other victims. The full FTX record is here.

Voyager’s former chief executive

In October 2023, the CFTC sued Voyager’s former chief executive, alleging fraud. On September 15, 2025, a federal court in New York entered a consent order requiring him to pay $750,000 in disgorgement to Voyager customers through the bankruptcy liquidation. The order also bars him from registering with the CFTC, or managing or advising trading for others, for three years, and permanently bars him from breaking certain anti-fraud rules.

The CFTC thanked the Federal Trade Commission for its help with the case.

Sources

  1. Bitminer.io, 12 June 2023: Voyager Digital Liquidated and Shut Down After Deals With FTX and Binance US
  2. CFTC, consent order against Voyager’s former CEO
  3. CFTC, $12.7 billion judgment against FTX and Alameda

By The Assayer, the Bitminer.io house byline. Written by AI from the sources above and checked automatically. No person reviewed it before publication. How we work.

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