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Liquidation plans traveling by selling binary assets are us "on track," a lawyer for the failed crypto lender declared a court in New York on Wednesday.
Plans to wind up Voyager by selling assets to BINANCE US are "on track," a lawyer for the crypto lender in bankruptcy declared a New York court on Wednesday.
Voyager's lawyers said that 97% of the votes were in favor of the plan with hours to be made in the voting process.As of last night, creditors are still overwhelmingly voting to accept the plan at 97%,” Allison Smith of Kirikland & Ellis, representing Voyager, told bankruptcy judge Michael Wiles, with a deadline to vote on or object to the plan due to close at 4:00 p.m. Since yesterday evening, creditors are still voting massively to accept the 97% plan," said Allison Smith of Kirikland.
"We are on the right track and expect no hurdles and expect to be in front of your honor again next Thursday," Wiles said, See intent to confirm plan in March. 2.
Voyager, which filed for bankruptcy in July 2022, initially agreed to sell itself to FTX, but reopened the bidding process after Sam Bankman-Fried's exchange collapsed in November. 2.Voyager, which declared bankruptcy in July 2022, first agreed to sell to FTX.US swooped in with the winning offer in December, which Voyager attorneys said would offer the best deal for creditors.
