Voyager FTX News: 72% Recovery Potential (Patreon)

Published:

2022-10-21 17:54:10

Imported:

2023-01

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For those who are still affected, Voyager customers could recover 72% of frozen crypto under FTX deal. The plan is tentative at this stage and won’t be finalized until it receives approval from Voyager’s creditors and the bankruptcy payout plan is approved by the judge.

Judge also said ◊ “If the plan falls apart, there’s no part of this agreement that survives.”

The figure doesn’t include funds it may recoup as part of its claim against Three Arrows Capital (3AC) after the crypto hedge fund had defaulted on its loan repayments to Voyager.

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Voyager customers could recover 72% of frozen crypto under FTX deal

Customers of bankrupt crypto lender Voyager Digital may be able to recover 72% of the value of their accounts under a tentative deal with FTX US, according to court documents.