Judge approves $1.65 billion settlement agreement between Voyager Digital and FTC.
According to BlockBeats news on November 29th, a federal judge in the United States has approved an order requiring cryptocurrency lending company Voyager Digital and its affiliates to pay $165 million in restitution to the Federal Trade Commission (FTC). According to court documents from the Southern District of New York on November 28th, Judge Gregory Woods ordered Voyager to pay the amount after the company reached a settlement agreement with the FTC in October. Under the settlement agreement, Voyager will be "permanently restrained and enjoined" from marketing or offering products or services related to digital assets.