More than 59,000 users agreed with Voyager's plan to sell its assets to the American affiliate of crypto exchange Binance.
97% of Voyager’s Customers Vote in Favor of Binance.US Restructuring PlanMore than 59,000 users agreed with Voyager’s plan to sell its assets to the American affiliate of crypto exchange Binance.
Nearly all customers of bankrupt crypto broker Voyager Digital have voted in favor of the company’s plan to sell its assets to Binance.US, the American affiliate of the crypto giant.at the United States Bankruptcy Court for the Southern District Of New York, about 97% of Voyager’s account holders accepted the $1 billion deal with Binance.US.The voting process was handled by the corporate restructuring firm Stretto and documented by Director Leticia Sanchez.
According to Stretto, the voters were grouped into four, namely, Class 3 – Account Holder Claims, Class 4A – OpCo General Unsecured Claims, Class 4B – HoldCo General Unsecured Claims, and Class 4C – TopCo General Unsecured Claims. The ballots were released to voters on January 25 with a submission deadline of February 22. The restructuring company released both hard copies and virtual ballots.
Of all eligible voters who participated in the process, 59,183 accepted the deal, while 2,117 users rejected it.Recall that Binance.US entered into the $1 billion deal with Voyager after crypto exchange FTX, the initial winner of the asset auction,
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