This secured fund, inclusive of interest, accounts for about 25% of Voyager’s creditors’ aggregate claims and is anticipated to be disbursed shortly.
Voyager Digital has made significant strides in compensating creditors post-bankruptcy, securing $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance claims. This marks a significant milestone in the company’s financial recovery and creditor reimbursement efforts.
Voyager Digital has made substantial progress in compensating creditors post-bankruptcy, securing $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and claims against Directors and Officers (D&O) insurance.
In a comprehensive report on asset recovery and creditor distribution after the company’s financial collapse, submitted to the United States Bankruptcy Court for the Southern District of New York, Voyager Digital disclosed that the majority of the reclaimed funds, roughly $450 million, stem from the settlement with FTX.