Crypto brokerage Voyager Digital shares fall as much as 40% after suspending trading, deposits, withdrawals

Crypto brokerage Voyager Digital shares plummeted as much as 40% after it announced Friday that it has temporarily suspended trading, deposits, withdrawals, and loyalty rewards starting 2 pm Eastern time on Friday. It shares dropped to as low as $0.25 before it rebounded to about $0.33 at market close. The crypto brokerage earlier this week issued a notice of default to Three Arrows, formerly one of the most active crypto hedge funds, after it defaulted on a loan to Voyager of about $666.7 milli