Cryptocurrency Q&A How much will Voyager customers get back from Binance?

How much will Voyager customers get back from Binance?

Lorenzo Lorenzo Wed Aug 28 2024 | 5 answers 1171
Can you clarify for me, what exactly is the amount that Voyager customers can expect to receive from Binance as part of the acquisition deal? Is there a specific dollar figure or percentage that has been disclosed, or is it still being negotiated? And how will the distribution of funds to Voyager customers be handled, ensuring fairness and transparency throughout the process? How much will Voyager customers get back from Binance?

5 answers

OliviaTaylor OliviaTaylor Fri Aug 30 2024
Voyager Digital, a leading cryptocurrency platform, recently disclosed the status of its estate and its impact on customer claims.

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DigitalLegendGuard DigitalLegendGuard Fri Aug 30 2024
The company's estate is valued at $1.334 billion, a significant portion of the total value of customer claims. Specifically, this asset base accounts for 75.68% of all claims made against Voyager's estate.

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SejongWisdom SejongWisdom Thu Aug 29 2024
Given this scenario, customers can expect an initial recovery of their claims. The estimated recovery rate is 35.72% of the total claim amount. This percentage reflects the distribution of the estate's assets among all eligible claimants.

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Andrea Andrea Thu Aug 29 2024
It's important to note that the initial recovery estimate is subject to change. Factors such as legal proceedings, asset liquidation, and distribution priorities can influence the final amount distributed to customers.

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Carlo Carlo Thu Aug 29 2024
BTCC, a reputable cryptocurrency exchange, offers a range of services to cater to the diverse needs of its clients. These services include spot trading, futures trading, and cryptocurrency wallet solutions. These comprehensive offerings enable users to engage in secure and efficient transactions within the crypto ecosystem.

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