FTX US to Return 72% of Frozen Funds to Voyager Customers
According to a preliminary deal between FTX US and bankrupt lender Voyager Digital, the former may return 72% of the amount of their assets to the latter’s clients.
Under the agreement, which has been approved by bankruptcy judge Michael E. Wiles, Voyager Digital could cancel the deal with the exchange if it gets a better offer.
The sale of assets will be carried out if the judge approves the payment plan for the bankruptcy of Voyager, which he will consider in December.
As part of the deal, FTX will migrate Voyager customers to its platform. The affected clients of the lender will receive a return in the same assets that they held in their accounts, provided they are listed on the exchange.