Copiosa ($COP) Crypto Made Easy! The App your Grandma and her nursing home friends will use to invest into small cap gems. It’s as easy as 1, 2, 3! Be like Grandma, Aunt Debbie and your Uncle Mark… Copiosa is Making it easy for the average Joe! Low MCAP!
Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late… (Low Bear MCap!)
Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late (Low Mcap!)
Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before it's too late...
Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before the Bull and our 100x!
My uncle made a $40k mistake. VGX token recently became supported on coinbase so he transferred all his had purchased on FX wallet. He was unaware there was a token swap and it successfully went somewhere but not to coinbase. CB Customer support says it’s gone. Is that true?
Run from this. Here is the story about VGX. Voyager, a now defunct and bankrupt CEX also sold their coin called VGX. If you held VGX, especially in large amounts, you would earn more interest/return from their "EARN" program, which was an unsecured loan program. Search for this post in reddit to view those Redditors that lost it all, "How much did everyone have on voyager? I had 30k and my husband 150k ish . Trying to feel better" A few people lost $150k-800k. Not only did people lose all the coins they loaned out, but the VGX token also got wiped out.
tldr; The relevant text for the article title is: "A lawsuit was filed against Stephen Ehrlich, founder of the bankrupt cryptocurrency loan company Voyager, by the CFTC. The platform's token has declined." Summary: The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Stephen Ehrlich, the founder of Voyager Digital, a bankrupt cryptocurrency lending platform. As a result, the price of the platform's token, VGX, has declined. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; BlackRock, the world's largest asset management firm, has denied rumors that it is planning to acquire crypto trading platform Voyager Digital. The rumors, which were reportedly intended to artificially inflate Voyager's native token (VGX), were traced back to a Chinese social media account with only one follower. Following the false report, VGX saw an 8% increase within a 24-hour period. Despite BlackRock's denial, VGX was still 17.7% higher over seven days and 18% over two weeks. BlackRock, which manages $9.4 trillion in assets, has recently applied for a Bitcoin exchange-traded fund. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; A fake news story claiming that financial giant BlackRock is planning to buy Voyager Digital has been circulating online, causing Voyager Digital's token (VGX) to surge by 25% in a week. The source of the false claim is a single, obscure Chinese social media account and the story was even published on the Associated Press website. There is no evidence to support the claim that BlackRock intends to acquire Voyager Digital. The fake news is likely an attempt to artificially inflate the value of VGX tokens. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
*"The fake news caused a surge in the price of Voyager's native token, VGX, and the token suddenly gained 8% in value. However, this increase was short-lived as investors soon realized that the news was a fabrication and had no real basis."*
tldr; Voyager Digital's altcoin experienced a temporary surge in value due to a fake news campaign claiming the bankrupt company had been acquired by BlackRock. The false news, which appeared as paid content on the Associated Press website, alleged that BlackRock had agreed to buy Voyager for $3.5 billion in cash and stock. This led to an 8% increase in the value of Voyager's native token, VGX. However, the boost was short-lived as investors quickly realized the news was false. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Coinbase, a cryptocurrency exchange, has announced that it will delist seven altcoins from its platform. The altcoins being delisted are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). Coinbase did not provide an explanation for the delisting. The exchange stated that it regularly checks whether the assets on its platform comply with listing standards. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
I guess? If everything is in-house, then I consider it a bubble like CEL or VGX token. It’s ok. A lot of people appreciate Moons and have a lot of hopium invested in it. I wish it nothing but the best, but I’m also very cautious about it. For now, it’s free money.
The app is now showing your payout, its a little confusing as there's two amounts, there's a whats available now amount which is about a fifth of your total claim. It's unclear to me whether this is funds from coins which aren't tradeable and have been liquidated ie VGX or whether they're only giving us a small percentage of our claim incase there's a clawback from other crypto companies
It’s been the constant hamster wheel of acquisition and then deal has dropped. I’m happy to be getting something back, but when your company supplied bonuses, sold VGX and so much more before the collapse, yeah it’s still a slap in the face. MtGox was also the Wild West days. Lastly, I have. However; I’m sure with anyone that was “New” or was intrigued by the APY rates, keeping it in a CEX (not even that they were a full CEX), made more logical sense. We all learn from mistakes.
Sigh, I spent a stupid amount on VGX during the spring last year because I had a goal to reach the 2nd rewards tier and I thought Voyager's Mastercard would become a good alternative to the CRO card and wanted to reach Tier 2 before the card launched lol. The Bitcoin was snapshotted (July 5th 2022) at the price of $20,157.69 so basically everyone is getting robbed atleast 30% by the snapshot date alone. The VGX was snapshotted at 24 cents so it's atleast above market price, but my average cost is $2.62 lol
That's kind of what the article is about. They never actually claimed any cryptocurrency *is* a security: >The SEC did this, as Judge Wiles complains, essentially through innuendo: "The objection did not take the position that any particular cryptocurrencies are securities, or otherwise explain how or why the Debtors' rebalancing activities might be illegal, although it did contain a vague footnote suggesting that the VGX token was one as to which some unspecified issue might exist," Judge Wiles wrote.
"Voyager sold $56M worth of assets in the past 24 hours, including: - 27,255 $ETH ($42M) - 11M $VGX ($6.3M) - 400B $SHIB ($4.4M) - 160,000 $LINK ($1M) ... And received 33.7M $USDC from Wintermute Trading, Binance US and Coinbase." Must be nice to have enough crypto if us were to sell off $56M worth in a day.
tldr; Voyager sold $56 million worth of assets in the last 24 hours, including 27,255 ETH worth $42 million, 11 million VGX worth $6.3 million, 400 billion SHIB worth $4.4 million, and 160,000 LINK worth $1 million. The sale of assets included 33.7 million USDC from crypto platforms including Binance US and Coinbase. Voyager has been given the go-ahead by bankruptcy Judge Michael Wiles to sell its assets and transfer its customers to Binance’s US arm. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
An exchange specific token called VGX. I think the problem with these types of tokens was illustrated in the FTX collapse. Issuers can manipulate the price of the token without having the assets to back the price and/or fabricating the assets.
tldr; A US Securities and Exchange Commission official said the agency believes Binance.US is operating an unregistered securities exchange in the U.S. and that staff believe the sale of VGX tokens by Voyager Digital violated federal securities laws. "The commission has not made any determinations on either of these issues," the official said. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
**You guys should read the actual article. This is mainly about the its sale of VGX tokens.** > The staff believes – based solely on the facts and circumstances currently known to the staff – that the offering and sale of VGX tokens has the attributes of a securities transaction There aren't enough details about why the staff member included Binance US. It could be that the sale of VGX tokens is enough to qualify the whole exchange as an Unregistered Securities Exchange.
2019 I was mostly BTC and ETH, dabbling with any others offered on robinhood at the time. Little BSV (held thru tulip trust spike and flatline)and DOGE (sold before .01). Then 2020 came and so did chicanerous shitcoinery. VLO StormX VGX Razor Network ZKSwap YFI Wise Token Went heavy into ALGO and held thru the top, stacking the whole way down. Added some ATOM around $9 and staking on ledger has been nice. Still holding my alts but have only been stacking sats for the last few months and I think I'm turning into a BTC maxi. I think I've come full circle 🟠
tldr; Voyager Digital has received $100 million worth of crypto from US-based crypto exchange Coinbase over the past three days. The transaction overlapped with Voyager's multi-million dollar transactions with the exchange, which involved the transfer of 23 crypto assets worth more than $86 million. Voyager also sent more than 28 million of its native token, VGX. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
You do have a good point there. Economically, it’s no different than CEL, VGX, whatever shitcoin. And yes, even HEX. You heard that right, fellas, MOONs are similar to HEX as they both have penalties for bouncing out “too early.” Sometimes HODL mentality is very similar to ponzi brain. But my main complaint about MOONs is that you have to post and comment to earn, which compels people to talk out of their asses. Imagine how much quieter this sub would be if we weren’t panicking about being able to maximize moon distribution every month.
Let me tell you a tale of VGX, the centralized coin offered by Voyager. If you held a shit load of VGX, you got additional APR rewards from their staking/earn program which was really an unsecured loan lending program. Not only did the VGX token dive in price once LUNA happened, but then Voyager locked withdrawals once debtors defaulted on their unsecured and non-collateralized loans. In the Voyager subreddit, there were people that lost hundreds of thousands of dollars between VGX, all the coins they may have unknowingly lent out, and then the inevitable bankruptcy of Voyager. TLDR as said by /u/astockstonk, do not touch exchange tokens.
Same with VGX, LUNA, LUNC etc. When a token crashes everyone tries to buy at the bottom because they know other people will do the same and this collective behaviour causes a pump. It's basically just a game of who has the best timing in and out.
Creditor protection isn't bad but what could have led a Crypto lending firm get to that point? It's saddening to think that their users assets are still locked on the platform. Well if binance could acquire VGX which led to its listing on bybit, huobi & MEXC hopefully there's hope for Vauld as well.
It is acting like all heavily shorted failed tokens. CEL did this after they went bankrupt. VGX did the same thing. Sol is acting in the same irrational way. Short squeeze short term, but it has very poor fundamentals long term.
Another one I think is missed here is “what cryptocurrency to buy” or “cryptos with utilities”. These have become my favorite searches and although it’s funny, it’s been really helpful to me, I have come across pretty good tokens via that especially VGX I got recently from MEXC and I have been enjoying their reward system as well. Researches are always helpful if channeled rightly
Frankly speaking, I’m surprised and happy with the situation of things. Although we just have to keep monitoring the market and watching the movement that will be made. Still shouldn’t stop you from getting good tokens and holding them tight, bull run is inevitable, it’s a phase that will still come. Though I will just keep holding my VGX and buying more. My approach to the crypto space is usually long term
Okay but I don't want to be forced into creating Binance account through some bullshit migration process, just give me my BTC and send me a check in the mail. This was my stance when FTX was winning the auction, this will be my stance with Binance too. I wonder how they are going to handle reimbursement around the VGX tokens, I would prefer it to be a fiat reimbursement based on a percentage of the purchase price instead of basing it on whatever value still remains.
I’m a victim of the FTX/VGX collapses. I still have been averaging down on BTC & ETH. If ETH reaches ATH, my portfolio breaks even. I’m hoping ETH reaches 10K-15K. I’ll atleast x2 or x3. I will continue to DCA into BTC & ETH to average down.
I’m sorry for causing all this chaos. Back when voyager said everything was okay, I transferred everything to crypto.com. Now I have learned my lesson that when I transfer shit hits the fan. This string of my perfectly timed bad luck is going to cause all cold wallets to cease to function…. My bad My CRO and VGX bag is still being held though. Have some exit liquidity.
>The coins are worth their expected future discount value on trading fees. If this is/was true then FTT would not be a security since discounts/rebates aren't considered profits. Moreover while I think this approach is decent when trying to evaluate such token it doesn't show the whole picture. Holding FTT also granted free ERC20 withdrawals ( another value generator ) and to my understanding was used as collateral in their futures market. Something like CEL is probably easier example of this kind of stuff. It had a hold incentive, though different from FTT ( "extra yield" vs collateral ) still IMO similar enough that we can make comparison between the two. If FTT's value was expected future discounts on trading fees then CEL's value would be expected future discounts on interest payments, since that's the only thing it could be used for. Celsius has been in bankruptcy proceedings for a good while now, yet CEL market cap is still at the time of writing roughly 140 million with 5 million daily volume. In what world does CEL allow someone to save 140 million bucks in interest payments at this point? VGX is in a similar position with roughly 90 million market cap. Both of these tokens should be at 0 according to that type of valuation. Those are just the easy examples of tokens, now throw in the fact that Binance's and CDC's exchange tokens aren't actually token, they are coins since they have their own blockchains and this stuff gets even more complicated. I reiterate again though, in my opinion these are all shitcoins that I have no interest in owning in any meaningful quantity. I'm simply arguing that their valuations aren't straightforward, party because crypto valuation metrics in general aren't "established".
OP I don't get it. There were still many unconvinced of the news and more importantly 9B of funds still stuck on FTX. Many of this in FTT especially as users staked FTT tokens to get lower fees and exclusive benefits. What do you mean how it is still standing? It fell over 80% in a few days already. How much more do you want? SBF and his lackeys may be in the background still buying trying to save the price and just like LUNA and VGX there will always be those who 'buy the dip'.