Odaily Planet Daily News: U.S. federal judge Gregory Woods approved an order requiring crypto lending company Voyager Digital and its affiliates to pay a $1.65 billion settlement to the U.S. Federal Trade Commission (FTC). According to documents submitted to the U.S. District Court for the Southern District of New York, the judge said the order would not largely affect bankruptcy court proceedings. It is reported that Voyager filed for bankruptcy protection in July 2022. As part of the settlement, Voyager will be "permanently restricted and prohibited" from marketing or providing products or services related to digital assets. Under the settlement, parties related to Voyager must cooperate with FTC officials, including testifying at hearings, trials, and evidence disclosure. After one year, Voyager must also report on its compliance and be subject to FTC supervision. (Cointelegraph) Earlier in October, the U.S. FTC announced that it had reached a settlement with the bankrupt crypto lending company Voyager Digital, permanently prohibiting it from handling consumer assets. The FTC said that Voyager and its former CEO Stephen Ehrlich misled consumers, and consumers lost more than $1 billion in cryptocurrency after the company went bankrupt. The proposed settlement with Voyager and its affiliates will permanently prohibit these companies from offering, marketing or promoting any product or service that can be used to deposit, exchange, invest or withdraw any asset. The companies also agreed to a $1.65 billion judgment, which will be suspended so that Voyager can return remaining assets to consumers during bankruptcy proceedings. In addition, the FTC has filed a lawsuit against Stephen Ehrlich, accusing him of falsely representing that customer accounts were insured by the Federal Deposit Insurance Corporation (FDIC) and were "safe." Ehrlich has not yet agreed to a settlement with the FTC, so the case against him will be heard in federal court.