Cryptocurrency exchange FTXby Voyager ( VGX) shares, this may benefit victims of cryptocurrencies.
Bankruptcy and litigation lending platform Voyager Digital had gone to an agreement with FTX. According to the documents in the court, the agreement with FTX US could benefit the victims of the crypto platform. Within the scope of the interim agreement, the victims 72 percenthas the opportunity to retrieve it.
Courtesy of Voyager
US bankruptcy judge Michael Willes , mentioned the developments in the case during the court hearing. He pointed out that this temporary sale will not be completed until approval from Voyager creditors. In addition, Wiles stated that he approved the bankruptcy payment plan at the hearing.
Referring to the agreement between Voyager and FTX, Wiles stated that if this agreement is broken, the project will not survive. Also, the Crypto lending platform will be allowed to cancel the tentative agreement with FTX once the better offer is made in favor of the creditors. This right, which was approved by the court, was considered as a safe exit.
The plan set by FTX will meet all priority requests. In addition, the assets in the frozen accounts of other victims 72 percentIt will allow them to get it back.
