Voyager Digital is getting ready to restore its app and enable user withdrawals.
The withdrawal period would begin between June 20 and July 5.
Nearly a year after filing for Chapter 11 bankruptcy, cryptocurrency brokerage Voyager Digital is getting ready to restore its app and enable users to finally withdraw their funds.
In a court filing dated June 14, Paul Hage, administrator of Voyager’s bankruptcy plan, stated that the withdrawal period would begin between June 20 and July 5. He also said that the Voyager app will be updated around June 15 to display the amount available for withdrawal.
After 30 days, clients may withdraw cryptocurrency through the Voyager app or get a cash payout, both of which are part of the bankruptcy plan that was first authorized by the court on May 17.
Recovering Assets Still Underway
Although the first distribution permits just over 35% of customer funds to be withdrawn, Hage mentioned in the filing that bankrupt crypto hedge fund Three Arrows Capital st
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