Voyager Crypto Lender's Customers Vote for Bankruptcy Filing and Restructuring Plan
On Wednesday, over 97% of Voyager's crypto lending customers voted to file for bankruptcy under Chapter 11, following the company's bankruptcy protection filing
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On Wednesday, over 97% of Voyager's crypto lending customers voted to file for bankruptcy under Chapter 11, following the company's bankruptcy protection filing last year. The majority vote was in favor of a restructuring plan that will involve the acquisition of some of the company's assets by Binance US. The customers who voted in favor of the filing hold over $500 million worth of claims and represent over 98% of the total claims. The company's official Twitter handle confirmed the voting results, stating that the vote had concluded, with 97% of participating customers voting in favor of the Chapter 11 plan.
