NEW YORK : Crypto lender Voyager Digital said Wednesday that customers will recover about 35 per cent of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US.U.S. Bankruptcy Judge Michael Wiles approved Voyager's proposed liquid
NEW YORK : Crypto lender Voyager Digital said Wednesday that customers will recover about 35 per cent of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US.
Voyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital . Voyager customers' recovery hopes are highly dependent on the outcome of litigation with FTX, which is seeking to claw back $445.8 million in loan repayments made to Voyager before FTX collapsed into bankruptcy.
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