Voyager-FTX Deal: Customers Could Recover 72% Pre-Bankruptcy Crypto Assets

Beleaguered crypto lender Voyager Digital on Wednesday received initial approval from the court to sell its assets to crypto exchange FTX for $1.42 billion. If the sale is approved by creditors, customers will recover 72% of crypto assets held before the bankruptcy filing. According to court documents, Voyager account holders or the primary creditors have claims worth $1.76 billion.