Voyager will hold a hearing on the confirmation of the acquisition deal on March 2, and customers will receive a unified fund recovery ratio

2023-01-16 13:14:29
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ChainCatcher news, the Voyager Unsecured Creditors Committee has released a disclosure statement document, which elaborates on issues such as the expected recoverable amounts for customers under different liquidation scenarios, claims calculations, and VGX handling. Additionally, the price paid by Binance.US for Voyager will be determined close to the transaction cutoff date, and regardless of the cryptocurrency assets held, customers will receive a uniform recovery ratio.

It is reported that after the bidding is completed, stakeholders in the transaction have 28 days to raise objections, with the objection deadline set for February 22. The hearing to finally confirm the transaction is scheduled for March 2, which provides a week to respond to any objections prior to the hearing. (source link)

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