2023-05-09
After Binance withdrew to deal to purchase Voyager for $1 billion. Voyager is
planning for reimbursement to its creditors. Voyager is planning the process
for creditors to receive distributions. Voyager announced that initial
distribution will begin in the next few weeks. Creditors are expected to
receive reimbursement by the end of May.
According to an
estimation from investvoyager.com. Voyager’s can liquidate 35.72% of their
assets to creditors. On the other hand, in case Binance can successfully purchase
Voyager, the recovery rate is expected to be around 72-73%.
