Ex-Voyager Executive Explores Competing Restructuring Plan for Crypto Lender

An erstwhile executive of bankrupt crypto lender Voyager Digital Ltd. is exploring a competing restructuring plan that would oust existing management and take the platform out of the lending business.

Former Chief Innovation Officer Shingo Lavine — along with his father and another Voyager shareholder — explained the broad strokes of their proposal in a bankruptcy court filing Thursday. Lavine left Voyager in early 2021 amid disagreements over the company‚Äôs direction, according to the filing.