With the crypto broker Voyager going bankrupt, players in the US National Women’s Soccer League (NWSL) might miss out on the promised payout of a deal.
According to part of a sponsorship deal announced last December, the league would receive half the payment in cash, while the players would receive the other half in crypto.
Each athlete was to be given a Voyager account, to receive the deposits and build their own crypto portfolios.
However, according to a Sportico report, the accounts were never funded.
Read Also: Former Voyager Executive Seeks a Different Restructuring Plan
In a statement issued to the press, the NWSL said, “The Player Fund was always intended to be distributed into accounts at Voyager in cryptocurrency, with the goal of educating players regarding investment in the crypto space. As such, there was always risk regarding the volatility of the cryptocurrency market.”