Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&O
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- Voyager Digital receives $484.35 million in recovery funds from FTX, 3AC, and D&O insurance settlements.
- The company announces a $450 million claim from FTX, which represents 12% of the original claims made by Voyager creditors.
- 3AC reportedly offers $675 million and D&O $14.35 million to the Voyage creditors.
In a recent turn of events, the bankrupt crypto brokerage company Voyager Digital has announced the recovery of $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance settlements.
Bitcoin enthusiast and investor Simon Dixon, in response to the crucial development in Voyager Digital’s bankruptcy proceedings, commented on FTX and Alameda Research’s remarkable contributions. Dixon shared his optimistic perspectives on future developments in the reimbursement plans of the bankrupt crypto lender Celsius.
Details on next distribution to #Voyager Creditors.
— Simon …
FYI – Both #FTX (#Alameda) & #3AC had outstanding institutional & potential preference exposure to the #Celsius Chapter 11 estate too, so this may signal a positive expectation for future Celsius settlements/ distribution too. https://t.co/tHcAdUxmox
The post Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&O appeared first on Coin Edition.
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