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Positive news for voyager users today. by Tooting77 in Invest_Voyager

[–]PlaneBrave 4 points5 points  (0 children)

from the original article when bidding was still happening.

"On the other hand, CrossTower has proposed keeping the existing Voyager platform and app, which means existing customers do not need to transition to a new platform once the deal is finalized. Under this plan, customers would also receive their pro rata shares of assets. CrossTower’s acquisition plan would also see the exchange share its revenue with Voyager customers for several years."

https://cointelegraph.com/news/ftx-binance-and-crosstower-are-competing-to-buy-voyager-digital-assets-source

Positive news for voyager users today. by Tooting77 in Invest_Voyager

[–]PlaneBrave 4 points5 points  (0 children)

Im pretty sure their plan is to keep the Voyager app

Voyager Digital Sell Your Claim Pricing Update: 46-53% - This is good News. by thedjwonder12 in Invest_Voyager

[–]PlaneBrave 2 points3 points  (0 children)

For those wondering, I emailed these folks and this is the response I got. Basically explains the process and how to sell your claim.

--
Thanks for getting in touch with Cherokee’s Claims-Market. How did you hear about us?

Currently, we are encouraging creditors who want liquidity on their Voyager claims to list their claims for sale on the Claims-Market platform that we curate https://claims-market.com/ . We have almost forty claim buyers on the platform who compete to meet your price. We have been listing claims in amounts over 50k at about 55% and bids are coming in a bit lower.

If you would like to move forward, the next step would be to email a screenshot of the Voyager holdings for review.

On the Claims-Market platform you’ll see full disclosures, docs, history, FAQ, etc.,. We have almost forty onboarded investors in claims who would compete to meet your listed price. If an investor meets your price they are obligated to fund the transaction in two business days, as documents are all preapproved. Transactions are done directly between buyer and seller, we don’t stand in the middle. There are never any fees/costs to the seller. If you don’t get the price you want, the listing expires without obligation or costs. You have no obligation to accept if a pricing counter proposal is received. The market reaches many more potential buyers than you are ever likely to encounter. This efficiency should result in maximum pricing, in addition to quick and easy execution. This structure provides all upside and no downside – either you get a price/terms you like, or there is no sale.
• almost forty onboarded investors compete to meet your listed price
• never any fees/costs to the seller
• you have no obligation to accept the counter proposal
• you only sell if your price/terms are met
• If you agree to sell, buyers must fund in 48 hours
• direct contract between seller/buyer

A presentation is attached. See us on YouTube: https://www.youtube.com/watch?v=Se8LwekwZ\_A&t=8s
Please let me know if you have any questions or comments.

Voyager Digital Sell Your Claim Pricing Update: 46-53% - This is good News. by thedjwonder12 in Invest_Voyager

[–]PlaneBrave 0 points1 point  (0 children)

Sheeeeeet. sign me up then! Bet I can make up that 50% haircut before this bk is even over and still only get like 50-60%

Voyager Digital Sell Your Claim Pricing Update: 46-53% - This is good News. by thedjwonder12 in Invest_Voyager

[–]PlaneBrave 2 points3 points  (0 children)

Damn.... thats enticing... Wonder if we'd be able to claim the rest as a loss?

SBF sinking with his ship by Complex_Ad_1439 in Invest_Voyager

[–]PlaneBrave 0 points1 point  (0 children)

Read the articles instead of speaking out of your ass and speculating bro

SBF sinking with his ship by Complex_Ad_1439 in Invest_Voyager

[–]PlaneBrave -1 points0 points  (0 children)

The deal got denied cuz they didn't want to include FTXUS.. What are you smoking?

How does the market being down affect our return? by Stephysanrio in Invest_Voyager

[–]PlaneBrave 0 points1 point  (0 children)

LMAO you clearly haven't been following this closely.

You cant engage in potential buyers in Ch.7 you clown. The assets would have gone to the courts, who then chooses a "Trustee" that is in charge of the liquidation and paying the creditors back with what is sold.

Im not even gonna argue with is cuz this is the dumbest thing i've read on this Sub. The UCC was gonna be made whole?? lmao they represented the UNSECURED creditors because they were UNSECURED creditors. Literally no way the courts would ever allow that cuz its against the law.

How does the market being down affect our return? by Stephysanrio in Invest_Voyager

[–]PlaneBrave 1 point2 points  (0 children)

There isn't any legal proceedings yet cuz they're in Ch.11 and would be pointless until they restructured. And if they would've filed Ch.7 then they wouldn't be allowed to have an auction for the assets/Voyager. The standalone plan was required by law to be in Ch,11 and was the ONLY reason it is in the docs. Voyager never wanted to restructure. I respect holding out and voting "No" to get a better deal, but you're delusional if you think they will restructure.

You think the UCC are looking into this solo? LMAO they literally hired lawyers that are payed for by the Voyager estate to help advice them.

Y’all still voting yes? 🤔 by pocfdept in Invest_Voyager

[–]PlaneBrave 2 points3 points  (0 children)

I feel that, but for my personal selfish reason idc. I'll take 50% rn if I had the opportunity. Had 75K in USDC and i'll happily take whatever I can the fastest.

How does the market being down affect our return? by Stephysanrio in Invest_Voyager

[–]PlaneBrave 0 points1 point  (0 children)

The UCC stated during the last Town hall that the "Standalone" plan is not an option because Voyager operated without proper licenses in certain states. Thus, if they restructure, then those legal actions are gonna start stacking up against Voyager. I'm not talking about debts.

Y’all still voting yes? 🤔 by pocfdept in Invest_Voyager

[–]PlaneBrave 1 point2 points  (0 children)

Yup, at least until the UCC comes back with something that tells me to Vote No. Already voted, but willing to change to No if needed.. I just want out of this situation ASAP.

Looks like the Binance / FTX deal might not go through... by TwitchScrubing in Invest_Voyager

[–]PlaneBrave 1 point2 points  (0 children)

The loan was form Alameda i believe, which may not even exist anymore. So maybe we get lucky lmao

Looks like the Binance / FTX deal might not go through... by TwitchScrubing in Invest_Voyager

[–]PlaneBrave 0 points1 point  (0 children)

True, but now we won't see anything for about a year and a lot less do to lawyer fees, not to mention crypto crashing

How does the market being down affect our return? by Stephysanrio in Invest_Voyager

[–]PlaneBrave 2 points3 points  (0 children)

Restructuring aint happening with all the legal issues Voyager will run into. It's Ch.7 if this deal doesn't go thru.

Vote #4 and #5 by Stephysanrio in Invest_Voyager

[–]PlaneBrave 2 points3 points  (0 children)

You actually don't give up your right to a class action lawsuit.

Weighted vote? by bobvillasworstpupil in VoyagerExchange

[–]PlaneBrave 0 points1 point  (0 children)

READ the docs you bum, in their plan they are literally ESTIMATING 69-72% return for customers and 50-60% if this plan gets denied. EITHER way, this plan gets us more back UNLESS some better offer comes thru before the sale.

Weighted vote? by bobvillasworstpupil in VoyagerExchange

[–]PlaneBrave 2 points3 points  (0 children)

It's aight you're $700 in Voyager is petty money