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The company noted that its customers will have the possibility to use the Voyager app to begin requesting paybacks, which will take place in 30 days. Bankrupt crypto lender Voyager Digital announced on Wednesday that its customers will recover about 35 percent of their initial deposit amid its liquidation plan. The
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Crypto brokerage Voyager’s bankruptcy plan was approved by the United States Bankruptcy Court for the Southern District of New York on May 17, according to a Reuters report. Judge Michael Wiles’ order approving the procedure was published by the court a day earlier. The so-called third bankruptcy plan was proposed on
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Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after Binance’s decision to back away from the deal. Voyager
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Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few weeks," according to a committee of Voyager creditors.A May 4 tweet from the Voyager Official Committee of Unsecured Creditors (UCC) said the now-defunct crypto firm is in the final stages
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At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the entities will provide grants, expertise and services to emerging Web3 entrepreneurs. Meanwhile, the United Kingdom government has allocated $125 million in funding for a task force aimed at
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“The debtors have been in constant contact and communication with Binance.US and as lately as this past Friday, Binance.US had expressed the desire to close the transaction as soon as possible,” Christine Okike of law firm Kirkland & Ellis, representing Voyager, told a bankruptcy court in the Southern District Court
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Voyager Digital has confirmed it received a deal termination letter from Binance.US. Binance.US, the United States arm of the Binance crypto exchange, has officially pulled out of the deal to acquire the assets of bankrupt crypto lender Voyager Digital. The digital currency trading platform revealed this through its official Twitter handle,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Voyager has turned to Twitter to announce that Binance.US has backed out of its deal to purchase the company’s assets. The announcement comes after the U.S. government approved a $1 billion takeover transaction struck by the crypto
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According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset
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Binance.US has backed out of its agreement to purchase $1 billion of bankrupt cryptocurrency brokerage Voyager Digital assets, the company announced in a tweet. It laid the blame for the move on “the hostile and uncertain regulatory climate in the United States.”Voyager, the Voyager Official Committee of Unsecured Creditors and
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