Voyager Now Has $1.334 Billion in Assets, Users Can Choose to Receive Cryptocurrency or Cash

Crypto lending platform Voyager issued an important update regarding initial customer compensation in which Voyager now has $1.334 billion in assets, representing 75.68% of the total value of customer claims against Voyager assets, and due to certain delays, customers will receive initial compensation estimated at 35.72% of their claims. Depending on the resolution of the FTX/Alameda Preferred Claims Dispute, the success of additional claims brought by the Voyager Plan Administrator against third parties, and the future recovery of the Voyager Assets as a creditor in the liquidation of Three Arrows Capital, customers may receive additional future recoveries of additional funds, with subsequent compensation available at the discretion of the Plan Administrator decide whether to do so in cash or cryptocurrency.