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Crypto agency Voyager Digital will get approval to return $270M to clients – WSJ

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The U.S. Chapter Courtroom in New York has given crypto agency Voyager Digital Holdings Inc the approval to return $270 million in buyer money, the Wall Road Journal reported on Thursday.

Choose Michael Wiles, who’s overseeing Voyager’s chapter, dominated that the corporate supplied “adequate foundation” to help its competition that clients ought to be allowed entry to the custodial account held at Metropolitan Business Financial institution, the Journal stated.

The corporate was not instantly obtainable for remark.

Voyager, one in every of a number of companies to wrestle within the wake of broad crypto market turmoil, filed for Chapter 11 final month.

In its chapter submitting, Voyager estimated that…

Carry on studying: Crypto agency Voyager Digital will get approval to return $270M to clients – WSJ

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