In an exciting development, Voyager has announced that its mobile app is now open for affected users to withdraw their crypto from the platform. This limited-time opportunity grants users a 30-day window to reclaim their crypto holdings, with an initial recovery of 35.72% of each user's portfolio.
In this article, we delve into the details of this significant announcement, providing insights on how to withdraw your crypto from the Voyager app, potential challenges, and key considerations to ensure a smooth transition.
On June 23rd, Voyager announced that the mobile app was now open for users to withdraw their crypto from the platform.
The Voyager app will be open from June 23rd to July 23rd, which means users have a 30-day window to withdraw their crypto from the platform.
The withdrawable amount is limited to an initial recovery of 35.72% of each users' portfolio.
Voyager states that "due to the volume of transactions, compliance requirements, and load on the system, transfers may take 3-7 days to complete."
If a user does not withdraw their crypto from the Voyager app within the 30-day window, Voyager states they will sell the crypto and the user will receive their initial recovery payment in U.S. dollars at a later date.
Here is a direct link to the Court filing which reported the commencement of the initial recovery distributions: https://cases.stretto.com/public/x193/11753/PLEADINGS/1175306232380000000231.pdf
Please view the video below to learn more about how to withdraw your crypto from the Voyager app.
If you run into any issues, it is advised to submit a Request to Voyager's Support Team as soon as possible: https://support.investvoyager.com/hc/en-us/requests/new?ticket_form_id=1260809518610
What are your thoughts on this news?
Have you withdrawn your crypto from Voyager yet?
Or do you prefer receiving the value of your crypto paid out in U.S. Dollars?
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I've never used Voyager, but it's good to know that my fellow crypto-owners get at least 35% back of what they own.
Absolutely! Something will always be better than nothing. And there is potential for more refunds IF Voyager ever gets money owed to them paid back from other defunct companies like FTX.