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Bloomberg: Voyager customers may receive 72% of their funds back from the bankruptcy sale

2022-10-20 13:59:27
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ChainCatcher news, according to Bloomberg, under a tentative agreement, the cryptocurrency lending platform Voyager Digital is being sold to the digital asset exchange FTX US, and its customers may recover about 72% of their account value as compensation.

According to the payment plan, Voyager's sale price is approximately $1.4 billion, of which $51 million is cash. As part of the sale, FTX will transfer customers to its platform. Once FTX takes over, Voyager customers can receive FTX-supported cryptocurrencies as compensation.

It is reported that if Voyager receives a higher bid to pay customers more, it can cancel the deal with FTX. U.S. bankruptcy judge Michael E. Wiles may announce the results in December. Earlier, FTX US and SBF are under investigation by the Texas State Securities Board for the acquisition of Voyager. (Bloomberg)

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