Voyager users to have withdrawal access by Aug. 11

2 years ago

Embattled crypto lender Voyager Digital has revealed that its users could person entree to their funds from Aug. 11.

According to the announcement, the Court’s Aug. 4 ruling has approved its petition to reconstruct entree to currency held for the payment of Voyager’s customers astatine Metropolitan Commercial Bank.

We expect resuming entree to the Voyager app for currency withdrawals only, starting connected Thursday, August 11th. Customers with currency (US dollars) successful their accounts volition person an email with much details

The steadfast said that users with currency (US dollars) successful their accounts would person an email connected however they tin retreat their funds.

Voyager continued that its customers should person entree to their funds betwixt 5-10 concern aft they marque their withdrawal requests.

Meanwhile, each lawsuit has a regular withdrawal bounds of $100,000.

Voyager said it would behaviour a manual reappraisal for fraud and relationship reconciliation.

The crypto lender besides revealed that it is “pursuing a standalone restructuring process and a imaginable merchantability of the company.” It added that bids for its merchantability are owed by August 26, and a merchantability proceeding could beryllium held connected Sept. 8.

The station Voyager users to person withdrawal entree by Aug. 11 appeared archetypal connected CryptoSlate.

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