As indicated by Travel in a statement, the company has the funds to compensate those affected, but they are waiting for a response from Three Arrows Capital capital is most commonly defined as the large sum of money you would use to invest. to receive another USD $650 million.
- Compensation scheme proposed by Voyager Digital digital technologies are these electronic tools that have the ability to generate, store or even process data. could vary.
- This will depend on the compensation you provide. Three Arrows Capital.
- The company filed for bankruptcy last week.
Voyager Digital, the cryptocurrency-based financial services company that filed for bankruptcy last week, warned affected users that the amounts raised to make refunds could vary from the originally contemplated plan.
Changes in the compensation plan of Voyager Digital
This was reported by the Voyager team in a publication made on its official blog, where they indicate that the repayment plan currently in court proposes to grant those affected by way of compensation a combination of tokens of the company, cryptocurrencies, common shares of the company and funds derived from its shareholding inThree Arrows Capital.
As for the changes, the company said it has about $1.3 billion in funds available for affected users, and it expects to receive another $650 million in claims against the company. Three Arrows Capital, the latter in respect of the 15,250 BTC and USD $350 million in USDC. However, he clarified the following:
“The exact numbers will depend on what happens in the restructuring process and the recovery of Three Arrows Capital’s (3AC) assets. The plan is subject to change, negotiation with clients and ultimately a vote […] We developed a restructuring plan that would preserve client a client is software that can access and process blockchain transactions on a local computer. A common application of this is a cryptocurrency software wallet. assets and provide the best opportunity to maximize value.”
The team of Travel also indicated that it has funds equivalent in USD to the amounts handled by the clients, which would be in a special account an account is essentially a whose purpose is to track the financial activities of a specific asset/ secured by the FDIC in the Metropolitan Commercial Bank of New York The company is working to make it possible for clients to access this capital.
The problems of Voyager Digital
The insolvency situation led to Travel to declare bankruptcy, after having suspended deposits, withdrawals and other operations through its platform. The firm requested support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. from Alameda Research, company founded by Sam Bankman-Fried, from which he borrowed 15,000 euros. BTC (USD $500 million) to cover the losses incurred by the investment trapped in theThree Arrows Capital.
Another option a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price. I would be contemplating Travel es establecer de forma objetiva su valoración como empresa y ponerse a la venta, algo similar a lo que habría pasado con BlockFi, which was acquired by FTX in recent times.
- Celsius Network a network refers to all nodes in the operation of a blockchain at any given moment in time. extracted 6,083 WBTC from Aave after paying USD $78 million in USDC
- Confirmed: FTX to formally acquire BlockFi for USD $240 million
- FTX Opens USD $250 Million Credit Facility with BlockFi to Support its Operations
Version by Angel Di Matteo / DiarioBitcoin
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