- Such results are provided by Stretto
- The federal government is against the deal.
- They believe that in this way the Voyager management is trying to avoid responsibility.
Tomorrow, March 2, there will be a court hearing on a new restructuring plan for Voyager Digital. Its “foundation” is a deal with Binance for more than $1 billion. And, as the survey shows, almost all clients of the platform approve of it.
Vote spent one of the Voyager liquidators, Stretto. Its staff interviewed 61,300 platform-based account holders. Of these, 59,183 people supported the idea of selling Binance’s assets.
This is 97% of the respondents. Consequently, 2,117 respondents voted “against”, the same 3%. It is not known why exactly they consider the agreement unfavorable. But the difference is more than significant.
Despite approval from both the company’s management and its clients, the proposed restructuring plan faced criticism from the authorities.
A note of protest was filed by the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC) and the New York Finance Department. They claim that Voyager’s top management is trying to evade responsibility.
In addition, in Texas, the regulator called the deal unprofitable for affected customers. The agreement carries the risk of further litigation with Alameda Research.
Moreover, according to the restructuring plan, Voyager users will receive hardly 50% of the contribution. Moreover, payments will be “stretched” for a period of six months. But, apparently, they want to get at least something before the process drags on.