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Ethereum World News 2022-07-11 15:56:48

Voyager Proposes Customers to Receive Funds Pro-Rata to its Crypto Holdings, Proceeds from 3AC, Shares, and VGX Token

Summary: Voyager Digital has updated on the status of its customer’s USD and crypto. The crypto lending platform emphasizes that customers’ USD deposits are safe. Voyager states it has approximately $1.3 billion worth of crypto assets and $650 million in claims against Three Arrows Capital. The team has proposed a reorganization plan where its customers will receive their pro-rata share of the crypto, proceeds from 3AC recovery, common shares in the newly reorganized company, and shares of existing Voyager tokens. […]

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