CFTC/FTC v. Voyager

The CFTC sues Voyager Digital for marketing its platform as a safe haven for customers digital assets, promising a high yield return as high as 12%, but Voyager instead pooled customer assets to high risk third parties, that were not properly vetted, sometimes making unsecured transfers that could amount to bankruptcy.

This case demonstrates CFTC enforcement action against entities accused of misleading and deceptive practices, false advertising, and misrepresenting the security of customer funds.

1:23-cv-08960