FTX debtors reach a $450 million settlement agreement with bankrupt company Voyager Digital

ChainCatcher news, with the approval of the bankruptcy judge, FTX's debtor has reached a $450 million settlement agreement with the bankrupt company Voyager Digital. In documents submitted to the U.S. Bankruptcy Court in Delaware on April 29, Judge John Dorsey approved the terms of the agreement between FTX and Voyager, allowing Voyager to resolve all claims with FTX as part of the creditor compensation plan. Upon approval, both parties will agree to return $5 million held in escrow by Voyager and an additional $445 million related to loan repayment litigation involving Alameda Research to the company's debtors. FTX will also "waive" all rights to these funds.