This figure could also increase if ongoing efforts to recover funds from Three Arrows Capital succeed, a court filing adds.
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Voyager Digital customers who remain frozen out of their accounts will recover 72% of their funds if FTX's acquisition is approved, according to a new court filing.
This figure could also increase if ongoing efforts to recover funds from Three Arrows Capital succeed.
Voyager crashed into bankruptcy after 3AC defaulted on a $660 million loan, with withdrawals abruptly suspended.
Last month, FTX ended up winning a "highly competitive auction" for Voyager Digital's assets after negotiations were performed with 90 potential bidders and 54 interested parties.
The crypto exchange bid a total of $1.42 billion for the bankrupt lender's assets.
A new arrangement approved by U.S. bankruptcy judge Michael E. Wiles said Voyager Digital has the ability to abandon this deal if it ends up receiving a higher offer.
But to complicate matters further, this transaction cannot be finalized until Voyager's bankruptcy payout plan has been approved — and that may not happen until December.
