Celsius

Bitcoin

Coin

<ul class="news-points"> 
 <li>Voyager Digital receives $484.35 million in recovery funds from FTX, 3AC, and D&amp;O insurance settlements.</li> 
 <li>The company announces a $450 million claim from FTX, which represents 12% of the original claims made by Voyager creditors.</li> 
 <li>3AC reportedly offers $675 million and D&amp;O $14.35 million to the Voyage creditors.</li> 
</ul> 
In a recent turn of events, the bankrupt crypto brokerage company Voyager Digital has announced the recovery of $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers (D&amp;O) insurance settlements. 
<a href="https://coinedition.com/hong-kong-set-to-launch-asias-first-bitcoin-spot-etfs-on-monday/">Bitcoin </a>enthusiast and investor Simon Dixon, in response to the crucial development in Voyager Digital’s bankruptcy proceedings, commented on FTX and Alameda Research’s remarkable contributions. Dixon shared his optimistic perspectives on future developments in the reimbursement plans of the bankrupt crypto lender Celsius. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Details on next distribution to <a href="https://twitter.com/hashtag/Voyager?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Voyager</a> Creditors. FYI – Both <a href="https://twitter.com/hashtag/FTX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#FTX</a> (<a href="https://twitter.com/hashtag/Alameda?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Alameda</a>) &amp; <a href="https://twitter.com/hashtag/3AC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#3AC</a> had outstanding institutional &amp; potential preference exposure to the <a href="https://twitter.com/hashtag/Celsius?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Celsius</a> Chapter 11 estate too, so this may signal a positive expectation for future Celsius settlements/ distribution too. <a href="https://t.co/tHcAdUxmox" target="_blank" rel="nofollow">https://t.co/tHcAdUxmox</a>— Simon …
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/voyager-digital-announces-484-35m-recovery-from-ftx-3ac-and-do/">Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&amp;O</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&O

Coin Edition

Other articles published on Apr 13, 2024

Dogecoin (DOGE) Meme Coin Attempts Comeback After Volatile Price Swings; Expert Highlights These ...

KuCoin Notifies Users of Security Breach in Turkey

Balance Achieves SOC 2 Type 2 Compliance as a Digital Asset Custodian

The Lesser-Known Coin You Should Buy for Bigger Gains Than Dogecoin (DOGE) and Shiba Inu (SHIB) i...

Crypto Trader Loses His Entire $1 Million Portfolio Trading This Top Ethereum (ETH) Memecoin; Con...

DogeCoin Surges Above $0.2 as Dogeverse Presale Raises $1.7M in 3 Days

Join our free newsletter for daily crypto updates!