The bankrupt crypto firm Voyager Digital suffered a potential data breach when it started letting customers recover their funds last month, as per the report by Bloomberg on Aug 1.
Voyager Digital reopened its platform for 30 days in June, allowing customers to withdraw the funds that had been stuck in the brokerage following its collapse last year.
In a court document filed on July 28th, Voyager’s lawyers say they are investigating reports that scammers targeted customers using potentially stolen personal information.
The Voyager lawyer Darren Azman told the judge watching the Chapter 11 case in Manhattan, during that window, customers were able to withdraw about $490 million worth of assets, or nearly 80% of what was available.
Voyager’s lawyers say they’re aware of “numerous scams and phishing attempts” affecting customers, some of which contained customer names, contact information, and claim amounts.
Darren Azman said during a court hearing that scammers have been targeting customers with counterfeit websites that promise bigger payouts. Once a customer links up their wallet to the site, the culprit will drain their funds.
“It’s disgraceful,” US Bankruptcy Judge Michael Wiles said during the court hearing, which was held by telephone. “I don’t know what to say. After everything, these folks have been through.”
At that time, Voyager officials estimated that customers could get back about 36% of what they were owed, or more than 60% if the company won a court fight with another bankrupt crypto firm, FTX Trading. According to court documents, Voyager owed about $1.8 billion and only had about $630 million of accessible funds.
Also Read: Voyager Digital’s $250M Net Outflow As User Withdrawal Begin
