Voyager Faced Investigation Over Unregistered VGX Tokens and Investor Losses
Voyager faced an over its sale of unregistered VGX tokens and failure to protect investor assets.What is this investigation about?Since mid-2021, Voyager funded its operations by offering unregistered securities in the form of VGX tokens and Voyager Earn Accounts. Despite warnings from regulators—including a March 29, 2022, cease-and-desist order from the New Jersey Bureau of Securities—Voyager continued to promote and sell these products to retail investors nationwide.By mid-2022, the crypto market downturn exposed Voyager’s inability to fulfill withdrawals, leading to a suspension of withdrawals on July 1, 2022, and a Chapter 11 bankruptcy filing just days later. Voyager’s actions are now under scrutiny for violating securities laws and breaching investor trust.The case is already under investigation by at least one reputable law firm.What can you do to recover your losses now?We’re keeping track of all updates and will notify $VGX token holders and Voyager Earn Account investors about potential recovery.More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.