TechFlow news — The Unsecured Creditors' Committee of Voyager responded on Twitter to three questions raised by users:
1) Are there any fees associated with converting USDC into USD on the Voyager platform now?
2) Provide an update on the mediation status regarding the Alameda claim;
3) Is there any plan to provide additional funds to creditors to make our holdings whole?
Regarding the first question: "When the platform reopens, account holders will only be able to transfer their cryptocurrency off the Voyager platform—they will not be able to liquidate cryptocurrency. After the 30-day window expires, any cryptocurrency remaining on the platform will be liquidated into cash and distributed via check or ACH. If your cryptocurrency is liquidated, your cash distribution will be reduced by all costs incurred in liquidating and distributing the cash."
Regarding the second question: "The parties have jointly selected a mediator who will attempt to resolve the dispute outside of court to reduce professional fees. The mediator is a retired bankruptcy judge. Once the judge clears all potential conflicts, we will file a notice on the docket identifying the mediator."
Regarding the third question, the Voyager Unsecured Creditors' Committee stated, "There are plans to pursue certain significant claims against third parties involved with Voyager. For reasons we hope you can understand, we are unable to disclose these investigations prior to them becoming public (for example, after a complaint is filed)."
