Other
"Crypto Crash Leaves NWSL Players Empty Handed as League Mulls Cash Payout"
Primary Source ↗Incident Details
Half of the money in a large deal between the crypto platform Voyager Digital and the National Women’s Soccer League was supposed to be distributed to players in cryptocurrency accounts. According to a press release from Voyager, this was intended to “provide NWSL players with financial education on crypto, including key lessons and tools, to help develop long-term financial growth opportunities for players potentially well after their competitive playing careers have ended.“Those players have certainly learned something about crypto, as the league informed them that they’re not likely to get the funds they were promised after Voyager Digital filed for bankruptcy in early July.
Technical Details
- Initial Attack Vector
- Protocol collapse / insolvency
- Vendor / Product
- National Women's Soccer League players out money due to Voyager bankruptcy
Timeline
- 2022-08-01 Breach occurred
- 2022-08-01 Publicly disclosed