Voyager plans to determine the value of creditor assets in early March. If the market price is higher than December 18, it may be recoverable by more than 51%.
The crypto lending platform Voyager’s unsecured creditors committee tweeted that if the price of Voyager’s crypto assets is determined on December 18, the estimated asset recovery rate for all creditors is 51%. The amount of each creditor's claim is equal to the dollar value of that creditor's claim on July 5, 2022, the date of Voyager's bankruptcy filing. According to the market price on December 18, 51% of user assets can be recovered. The committee said it expects Voyager assets to be priced in early March 2023, with an estimated recovery rate of greater than 51%.