Cryptocurrency

Voyager intends to start returning customer funds in coming weeks

Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s Board of Unsecured Creditors said: May 4th.

The Voyager Official Commission of Unsecured Creditors wrote:

“Voyager … is internally finalizing all necessary distributions to creditors. We expect to begin the first distributions in the coming weeks.”

The Creditors’ Committee and Voyager are currently finalizing the liquidation proceedings and related documents are likely to be filed on May 5th. Submitted within 10 days of first submission.

Otherwise, Voyager will soon “activate” the plan, the committee said.

Voyager originally suspended withdrawals and other transactions on July 1, 2022. Just days later he filed for bankruptcy on July 6, 2022.

Voyager received court approval to return $270 million in customer funds in August 2022.

A post first appeared on CryptoSlate that Voyager plans to start returning funds to customers in the coming weeks.

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