FTX debtors reach $450 million settlement with bankrupt firm Voyager Digital
After approval from the bankruptcy judge, FTX's debtor reached a $450 million settlement agreement with bankruptcy company Voyager Digital. In the documents submitted to the Delaware bankruptcy court on April 29th, Judge John Dorsey approved the terms of the agreement between FTX and Voyager, allowing Voyager to settle all claims with FTX as part of the compensation creditor plan. Once approved, both parties will agree to return $5 million held by Voyager and an additional $445 million related to Alameda Research's loan repayment lawsuit to the company's debtors. FTX will also "waive" all rights to these funds.
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