Bankrupt lender Voyager may pay its creditors in the coming weeks.
Voyager may distribute cash and crypto to creditors in the ‘next few weeks’. After the company’s broken agreement with Binance US, the liquidation process accelerated.
Voyager Could Pay Its Creditors In A Few Weeks
Voyager’s bankruptcy process is still ongoing. One of the most pressing issues on the company’s agenda during this period was the agreement with Binance’s US arm. After the agreement between the two companies broke down, the liquidation process accelerated. It has been stated that Voyager, one of the bankrupt companies, will be able to pay its creditors in crypto or cash in the coming weeks.
Bankrupt lender Voyager Digital may begin distributing cash and crypto to creditors in the next few weeks, according to the Official Committee on Unsecured Creditors in the troubled crypto lender’s bankruptcy case.
The firm is completing its liquidation procedures after crypto exchange Binance US withdrew from a $1.3 billion deal to buy its assets.
“Voyager is also internally finalizing whatever is necessary to make distributions to creditors,” the creditors committee said on Twitter. “They added that they hope the first deployments will begin in the next few weeks.
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