According to court documents, customers of the bankrupt crypto lending platform Voyager Digital could recover 72% of their investments if FTX US’s bid to buy the lender is successful. However, according to Bloomberg, the sale will not be completed until a judge approves Voyager’s payout plan. In a letter filed with the court on Oct. 18, Voyager debtors stated that the sale to FTX US would allow customers to recover approximately 72% of the value of cryptocurrency held in their accounts on the platform, “provides stakeholders with the best possible recovery,” and “enables the most expedient resolution” to the bankruptcy proceedings.
