In a document filed with the U.S. District Court for the Southern District of New York on November 28, a federal judge approved an order requiring cryptocurrency lending company Voyager Digital and its affiliates to pay a $1.65 billion settlement to the U.S. Federal Trade Commission (FTC). As part of the agreement, Voyager will be "permanently restricted and prohibited" from marketing or providing products or services related to digital assets. Under the settlement agreement, parties associated with Voyager must cooperate with FTC officials, including testifying at hearings, trials, and evidence discovery. After one year, Voyager must also report on its compliance with the program and accept supervision by the committee.
