The initial recovery is 35.72% of a customer’s claim amount based on July 5, 2022. Initial recoveries will be in-kind for supported tokens, and USDC for VGX and all unsupported tokens, unless a customer elects to receive such initial recovery in U.S. dollars, in which case the initial recovery will be paid, subject to market fluctuations and costs of liquidation, by check.
Subsequent recoveries to creditors will be made from the proceeds of various asset sales and litigation claims as identified and described in the Third Amended Joint Plan of Voyager Digital Holdings, Inc. and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the “Plan”). Such recoveries will be paid in U.S. dollars by check.
Supported Coin Examples - received in-kind
Unsupported Coin Example - received in USDC