FTX debtors reach $450 million settlement with bankrupt firm Voyager Digital
After approval from the bankruptcy judge, FTX's debtor reached a $450 million settlement agreement with bankruptcy company Voyager Digital. In the documents submitted to the Delaware bankruptcy court on April 29th, Judge John Dorsey approved the terms of the agreement between FTX and Voyager, allowing Voyager to settle all claims with FTX as part of the compensation creditor plan. Once approved, both parties will agree to return $5 million held by Voyager and an additional $445 million related to Alameda Research's loan repayment lawsuit to the company's debtors. FTX will also "waive" all rights to these funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
