Voyager recently informed creditors that they can expect to receive their initial cash and crypto distributions 'within the next few weeks.'
just days later. Since then, the defunct business has been navigating the bankruptcy process after it was almost acquired by Binance US., the crypto lender has been left to navigate the bankruptcy process in the Southern District of New York in order to reimburse creditors. But despite the challenges, Voyager Digital says it is making progress. In the tweet on Thursday, the firm explained that they are “in the process of finalizing liquidation procedures.
While Voyager is moving forward with their plan to reimburse creditors, there’s still a chance for objections. According to the firm, parties will have ten full days to object to the plan. If no objections are filed, Voyager intends to go “effective” with the plan at that time. However, if an objection is filed, the court will hold a hearing to consider the objection before the plan can go into effect.
The news of Voyager Digital’s plan to reimburse creditors has been met with mixed reactions. While many customers are pleased with the progress, others are feeling frustrated. One person
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